Sponda - Company Announcement

Sponda issues SEK 650 million bond

Sponda Plc                                 Stock Exchange Release 25 March
2011, 5.20 pm 



Sponda issues SEK 650 million bond

Sponda Plc issues a SEK 650 million five-year senior unsecured bond. Due 4
April 2016, the bond pays a floating coupon of three (3) month STIBOR +2.40 per
cent and has an issue price of 100 per cent. Proceeds and cash flows of the
issue have been swapped to euros, eliminating currency risk. Sponda will apply
for listing of the bond on the NASDAQ OMX Helsinki Ltd. The bond will have
standard domestic stand-alone documentation under Finnish law. 

The bond issue was mainly directed to Scandinavian institutional investors and
broadened Sponda's bond investor base. The bond issue lengthens Sponda's debt
maturity profile and the proceeds will be used for general corporate purposes. 

Nordea Markets acted as sole arranger and bookrunner for the transaction.

Sponda Plc



Kari Inkinen
President and CEO



Further information:
Kari Inkinen, President & CEO, tel. +358 400-402 653
CFO Erik Hjelt, tel. +358 400-472 313



Sponda Plc is the largest real estate investment company specializing in
commercial properties in the largest cities of Finland and Russia. Sponda's
business concept is to own, rent and develop office, retail and logistics
properties that promote the business success of its clients. The fair value of
Sponda's property portfolio is EUR 2.9 billion and the total leasable area of
Sponda's investment properties is about 1.5 million m².