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JOOL Markets AS opens up a branch office in Finland

Press Release   •   Jun 02, 2017 09:00 CEST

JOOL Markets AS has opened a branch office in Helsinki and will help arrange financing for Finnish small and mid-sized companies as well as providing investors with high yield debt products.

The Finnish Branch is headed by Mr Timo Taivalaho, joining the company as a partner. Timo was previously with United Bankers Plc where he was CEO of UB Securities Oy. He has also previous experience from positions at Carnegie and Avena Group.

Mr Dick Ehrnrooth joins the Finnish branch of JOOL Markets AS as a partner. He joins from United Bankers Plc, where he was Head of Equities and partner in the firm prior to the listing of the company.

Mr Björn Ignatius joins JOOL after a long and distinguished career in finance. He will be responsible for compliance and administration of the Finnish branch. In addition to being Carnegie’s branch manager in Finland for 15 years, he has previous experience from Taaleritehdas, Erik Selin Bankers, PWC, Midland Montagu and Union Bank of Finland.

Timo Taivalaho comments: ”JOOL has created a strong platform and taken leadership in helping companies find financing in the current environment where the role of the traditional bank finance is rapidly changing and has become an important part of the financial eco-system in the Nordics. JOOL provides small and medium sized companies with alternative debt financing and we are excited in bringing wider choice of high-quality products to the Finnish market for investors seeking higher yielding products. We look forward to supporting JOOL in expanding into the Finnish market.

Tom Olander, Chairman of JOOL Markets AS, comments: “JOOL has taken leadership in the medium sized Nordic corporate bond segment. The branch office in Helsinki will further strengthen our position and we look forward to work together with our Finnish team.

JOOL Markets AS, a company in the JOOL Group, is authorized by the Norwegian FSA and holds cross-border licenses to serve, among others, the Swedish, Finnish and Danish markets. JOOL structures financial products, focusing mainly on corporate bonds and fixed income investments. Headquartered in Gothenburg, Sweden and Oslo, Norway we are also represented in Stockholm, Bergen, Helsinki, Copenhagen, Singapore and Abu Dhabi. JOOL is a market leader in the Nordic corporate bond market within the SEK 30–200 million segment. We are a wholesale distributor of alternative investment products with over 150 partners world wide and we are catering global distribution platforms, such as Institutions, Private Banks, IFA's and Family Offices.