04 Nov 2025

"Borenius Advises Aktia and Armada on €27.7 Million Framework Subscription Facility for Armada Fund VI Ky"

"Borenius acted as joint counsel for Aktia Bank and Armada Fund VI Ky in establishing a EUR 27.7 million uncommitted framework subscription facility. This facility allows Armada to request short-term bridge financing for investments and address liquidity needs. Borenius expressed gratitude for the trust and collaboration with both parties in this fund financing project."

Borenius acted as joint counsel for Aktia Bank Abp and Armada Fund VI Ky in connection with a EUR 27.7 million uncommitted framework subscription facility. The transaction involved establishing a framework agreement that allows Armada Fund VI Ky to request the conversion of commitments under the facility to provide short-term bridge financing for investments and to address the liquidity needs of the fund. The legal team from Borenius included Niina Nuottimäki, Partner, specializing in Banking & Finance; Ben Fallström, Senior Associate, and Joona Partanen, Associate, all based in Helsinki.
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