Citycon purchases an additional EUR 20 million notional amount of bonds resulting in total year-to-date notional bond repurchases of approximately EUR 79 million
CITYCON OYJ Investor News 5 July 2022 at 10:00 hrsCitycon purchased an additional notional amount of approx. EUR 20 million of its bond maturing in 2027. In the last three weeks, Citycon repurchased a total notional amount of EUR 54 million of its bonds for approximately EUR 50 million in cash. This brings its year-to-date notional repurchases to approx. EUR 79 million using approx. EUR 75 million of cash. “These additional bond repurchases further reduce interest expense, strengthen our strong credit profile, lower refinancing risk and improve our well-laddered maturity schedule. In