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29.9.2017 | News

Kojamo plc signed EUR 55 million revolving credit facility with Danske Bank

Kojamo plc has signed a new committed EUR 55 million Revolving Credit Facility with Danske Bank.

The Revolving Credit Facility is unsecured and has a maturity of four years. The credit facility will be used as a back-up facility for commercial paper program and for general corporate purposes. The new credit facility replaces Danske Bank’s EUR 25 million secured revolving credit facility.

More information:

CFO Erik Hjelt, Kojamo plc, tel. +358 400 472 313,

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.