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Sponda signs EUR 115 million loan extension

Sponda Plc         
Stock exchange release     
24 April 2015, at 3:45 p.m.

Sponda signs EUR 115 million loan extension

Sponda Plc has signed a loan agreement for 5 years for EUR 115 million with Danske Bank Plc. The arrangement extends the loan original maturity from July 2015 to April 2020. The loan is unsecured. The latest drawdown date of the loan will be in July 2015.

The margin on the loan corresponds with current market levels. The most important covenants (the equity ratio and the interest coverage ratio) of the arrangement are in line with the company’s other financial covenants.

Sponda Plc

Kari Inkinen
President and CEO

Further information: Kari Inkinen, President and CEO, tel. +358 400 402 653


Sponda Plc is a property investment company specialising 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 centres into environments that promote the business success of its clients. The fair value of Sponda’s investment properties is approximately EUR 3.1 billion and the leasable area is around 1.2 million square