Finland: Pihlajalinna intends to issue €20m in hybrid capital securities

Pihlajalinna, a leading provider of private healthcare and wellbeing services in Finland, is considering issuance of a minimum €20m (US$21.4m) in hybrid capital securities. Net proceeds will be used to repay drawings under Pihlajalinna’s existing revolving credit facility and for general corporate purposes. Danske Bank is acting as lead manager. Borenius Attorneys is transaction counsel….