Citycon continues strategic bond repurchase with additional EUR 34 million purchase resulting in total year-to-date bond repurchase of EUR 59 million
CITYCON OYJ Investor News 30 June 2022 at 18:30 hrsCitycon continued its strategic capital allocation program by repurchasing approx. EUR 25 million of its bond maturing in 2024 and approximately EUR 9 million of its bond maturing in 2027. In addition to the previously disclosed EUR 25 million bond repurchase, Citycon has now completed a total of EUR 59 million bond repurchases during 2022. “In addition to reducing interest expense, these repurchases further strengthen our strong credit profile, reduce refinancing risk, and improve our well-laddered maturity schedule. They also