13 Oct 2025

Krogerus Advises Swedbank on €50 Million Social Loan for Y-Säätiö's Affordable Housing Projects

"Krogerus advised Swedbank in providing a EUR 50 million secured social loan facility to Y-Säätiö, Finland's largest non-profit landlord, aimed at financing social projects and promoting affordable rental housing. The Krogerus team included Counsel Kaarlo Hakkarainen, Senior Associate Essi Hällström, and Partner Päivi Toivari."

Krogerus acted as legal advisor to Swedbank in its role as the sole lender for Y-Säätiö's new EUR 50 million secured social loan facility. This transaction involves the provision of social loans, which are designed to finance or refinance new or existing eligible social projects. Y-Säätiö, recognized as Finland’s largest nationwide non-profit landlord, is dedicated to promoting social justice by offering affordable rental housing. The Krogerus team was led by Counsel Kaarlo Hakkarainen and Senior Associate Essi Hällström, with Partner Päivi Toivari overseeing the transaction. They were supported by Associate Artti Pursiainen.
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