Kojamo plc has signed a new committed EUR 100 million Revolving Credit Facility with Swedbank AB (publ).
The Revolving Credit Facility is unsecured and has a maturity of five years. The credit facility will be used as a back-up facility for commercial paper program and for general corporate purposes.
The arrangement strengthens the company’s liquidity position. Kojamo is pleased to deepen the relationship with Swedbank.
Kojamo plc focuses on housing investments in Finland, renewing rental housing in order to make it increasingly attractive. The company develops Lumo homes and services that promote work-related mobility in the urbanising Finland, increase well-being and protect the environment. Over the past five years, the Group has invested nearly EUR 1.5 billion in commercial rental housing.
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VVO Group plc offers rental apartments and housing services in Finnish growth centres. The vision of the housing investment company is to be a pioneer in housing and the customer’s number-one choice.