Finland's NoHo Partners moves €50M in secured notes to Nasdaq Helsinki
What's the deal? NoHo PartnersDealroom has a profile for this one. Try Dealroom →, the Finnish restaurant group, has applied to list its €50 million senior secured floating rate notes on the regulated market run by Nasdaq HelsinkiDealroom has a profile for this one. Try Dealroom →. The notes carry an interest rate of three-month EURIBOR plus a 4.375% margin and mature on September 10, 2030.
Why now? The company announced its decision to issue the notes on September 3, 2026, and submitted the listing application this week. Trading is expected to begin on or about September 25 under the code NOHJVAIH30.
The numbers: NoHo Partners posted turnover of roughly €360 million in 2025. It operates some 300 restaurants across Finland, Denmark, and Norway, employing about 2,800 full-time-equivalent staff depending on the season.
What's the endgame? Founded in 1996 and listed on Nasdaq Helsinki in 2013 as the first Finnish listed restaurant company, NoHo runs concepts including Elite, Savoy, Sea Horse, and Löyly. It is also an active investor in Better Burger SocietyDealroom has a profile for this one. Try Dealroom →, whose brands Friends&Brgrs and Holy Cow!Dealroom has a profile for this one. Try Dealroom → target the European premium burger market. The company's stated aim is to become the leading restaurant operator in Northern Europe.
The signal: Listing the notes on a regulated market widens NoHo's access to debt investors and signals continued reliance on capital markets to fund its regional expansion — a route it has leaned on since its 2013 IPO.
Read more: view.news.eu.nasdaq.com
Image credit: toddwight1
