Vantaan Valo Ky together with certain subsidiaries have entered into a 225 million euro loan agreement. Aligning with the company’s investment strategy, the financing develops the company’s balance sheet structure. Jones Lang LaSalle Finland Oy (JLL) served as financial and debt advisor in the successful debt transaction.

The lenders in the loan arrangement are Nordea Bank and OP Corporate Bank. Krogerus served as legal advisor to Vantaan Valo.

Vantaan Valo CEO Jukka Vakula: "Jumbo’s financial situation is excellent. Utilizing external debt financing is normal practise of real estate investment business, and the loan optimizes the company's capital structure. We felt the timing for raising debt was perfect. The financing process was efficient and very successfully. Many domestic and international financiers showed interest towards Jumbo, indicating Jumbo’s position as an outstanding shopping centre."

Head of Debt & Financial Advisory, Eemeli Lehto: "We are proud to have been able to help Vantaan Valo in executing its first ever debt transaction. The collaboration throughout the process was smooth from start to finish. Jumbo's strong key figures and performance as a shopping center helped greatly in the financing discussions. During the wide competitive process, we received financing offers also from completely new lenders to the Finnish market."