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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, erik.hjelt@kojamo.fi

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.