Sponda - Other information disclosed according to the rules of the Exchange

Sponda restructures the group's financing

Sponda     Plc                                                Stock     Exchange
Release                                 October 28, 2017 at 9:00


Sponda restructures the group's financing

Sponda  Plc's ("Sponda") group  companies have signed  senior secured facilities
agreements  for approximately EUR 1.6 billion in total. The facilities are to be
used for, among others, refinancing existing indebtedness of group companies and
for general corporate purposes, including financing upcoming capital expenditure
projects.  The initial repayment date  of the facilities is  in 2019 but, at the
option  of the borrowers, the  maturity of the facilities  can be extended until
2022. The now signed facilities agreements are a first step in restructuring the
existing debt portfolio and Sponda will continue the refinancing activities.

The  terms for the new facilities deviate from the existing Sponda facilities in
terms  of covenants and change the  group's financing structure from the current
primarily  unsecured financing to  secured financing. The  now signed facilities
agreements will not have any major impact on the key balance sheet ratios or the
existing financial target guidance of Sponda in terms of equity ratio.

Sponda Plc

Board of Directors

Further information: Niklas Nylander, CFO, tel. +358 40 754 5961

Sponda in brief:

Sponda is a property investment company specializing in commercial properties in
the  largest cities in Finland.  Sponda's business concept is  to own, lease and
develop retail and office properties and shopping centers into environments that
promote the business success of its clients. As at June 30, 2017, the fair value
of  Sponda's  investment  properties  was  approximately EUR 3.8 billion and the
leasable area was approximately 1.2 million square meters.


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