Sponda - Company Announcement

Sponda signs credit agreement extensions totaling EUR 250 million

Sponda Plc            Stock Exchange Release           13 December 2013 at 11:30



Sponda signs credit agreement extensions totaling EUR 250 million


Sponda Plc has signed a loan agreement for 4 years for EUR 150 million with
Nordea Bank Finland Plc. The arrangement extends the loan original maturity
from 2014 to December 2017. The loan is unsecured. 

Sponda Plc has signed a credit limit facility agreement for 5 years for EUR 100
million with Danske Bank A/S, Helsinki Branch. The arrangement extends the
credit limit original maturity from June 2014 to December 2018. The credit
limit is unsecured. 


The margins on the arrangements correspond with current market levels. The most
important covenants (the equity ratio and the interest coverage ratio) of the
arrangements are in line with the company's other financial agreements. 



Sponda Plc



Kari Inkinen
President and CEO



Further information: Erik Hjelt, CFO, tel +358 400 472 313





Distribution:
NASDAQ OMX Helsinki
Media
www.sponda.fi





Sponda Plc is a property investment company that specialises in commercial
properties in the largest cities in Finland.  Sponda's business concept is to
own, lease and develop office premises, retail properties and shopping centres
in environments that promote the business success of its clients. The fair
value of Sponda's investment properties is approximately EUR 3.3 billion and
the leasable area is around 1.4 million square metres.