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Sponda completes part of the contemplated financing arrangements announced earlier

Sponda Plc               
Stock Exchange Release
December 15, 2017 at 11:05

Sponda completes part of the contemplated financing arrangements announced earlier

Sponda Plc’s (“Sponda”) group companies have signed a new secured facilities agreement for approximately EUR 0.6 billion and Sponda and certain other group companies have arranged additional secured, interest-bearing financing in an amount of approximately EUR 0.4 billion in accordance with the plan announced by Sponda on December 8, 2017. In addition, Sponda will pay a dividend amounting to EUR 320 million and repay equity amounting to EUR 80 million from its invested unrestricted equity fund to it sole shareholder Polar Bidco S.à r.l. at the latest in the beginning of next week.

Sponda’s potential future financing activities and the potential future equity and Loan-to-Value ratios remain unchanged versus the guidance provided on December 8, 2017.

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 September 30, 2017, the fair value of Sponda’s investment properties was approximately EUR 3.9 billion and the leasable area was approximately 1.2 million square meters.