Lehto Group Plc’s EUR 20 Million Rights Offering

Bird & Bird acted for Lehto Group Plc on the deal, while Borenius advised OP Corporate Bank.

Lehto Group Plc issued oversubscribed EUR 20 million rights.

The terms and conditions of the offering were published on November 18, 2020 and the final result on December 16, 2020.

OP Corporate Bank plc acted as the sole lead manager.

Lehto Group Oyj provides construction services. The Company offers construction of offices, residential housing, and other facilities. Lehto Group serves clients in Finland.

Bird & Bird’s core team consisted of Mika Puurunen (Picture), Krista Keinänen, Sofia Oesch and Mikko Ahonen.

The Borenius team included Ari Syrjäläinen, Juha Koponen and Nina Koivisto.

Involved fees earner: Mikko Ahonen – Bird & Bird; Krista Keinänen – Bird & Bird; Sofia Oesch – Bird & Bird; Mika Puurunen – Bird & Bird; Nina Koivisto – Borenius Attorneys Ltd; Juha Koponen – Borenius Attorneys Ltd; Ari Syrjäläinen – Borenius Attorneys Ltd;

Law Firms: Bird & Bird; Borenius Attorneys Ltd;

Clients: Lehto Asunnot Oy; OP Corporate Bank plc;