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2008-02-15 10:20:00 CET 2008-02-15 10:20:00 CET REGULATED INFORMATION Sponda - Company AnnouncementSponda signs loans of EUR 100 million and EUR 50 millionSponda Plc Stock Exchange Release 15 February 2008 at 11:20 Sponda signs loans of EUR 100 million and EUR 50 million Sponda Plc has signed agreements with Swedbank for a 5-year EUR 100 million credit facility and with OKO Bank for a 7-year EUR 50 million credit facility. The loans will be used to finance the company's property development investments. The margins on both loans are in line with the loans raised in autumn. Sponda Plc Further information: Senior Vice President, Legal Affairs and Treasury, tel. +358 (0)400 472 313 Sponda Plc is a real estate company specializing in commercial properties in the largest cities in Finland and in Russia. Sponda's business concept is to own, lease and develop office, retail and logistics properties into environments that promote the business success of its clients. The fair value of Sponda's investment properties is approximately EUR 2.5 billion euros and the leasable area is around 1.3 million m². |
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