Citycon signed total EUR 650 million committed syndicated credit facility
CITYCON OYJ Investor News 2 May 2023 at 11.40 hrsCitycon Oyj has signed total EUR 650 million new committed syndicated multicurrency credit facility, to replace and extend its existing EUR 500 million facilities maturing in May 2024. The new facility consists of EUR 400 million revolving credit facility and a EUR 250 million term loan, and is fully secured by Iso Omena and four Norwegian assets.The credit facilities can be used for general corporate purposes. The maturity of both new facilities is 3 years, with one year extension option (3+1 years). The margin of the facilities is