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.
CFO Erik Hjelt, Kojamo plc, tel. +358 400 472 313, email@example.com
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.