Catena has signed a new revolving credit facility
Catena has successfully signed a three-year revolving credit facility valued at SEK 750 million, with a leading bank in the Nordic Region.
18 December 2024, 9.00 a.m. CET
The facility will be utilised partly to meet ongoing financing needs and will also serve as a reserve facility. It replaces the previous credit facility of SEK 600 million and the new agreement is valid until December 2027. The terms of the agreement reflect the company’s attractive pricing, which has arisen as a consequence of its strong operational performance and financial position. The agreement expresses our shared ambitions to integrate the company’s sustainability efforts, which include specific targets, into the pricing structure of the loan.
“It is satisfying to see our sustained long-term work generate tangible value. The facility is an important cornerstone in Catena’s overall mix of financing options,” commented Catena’s Chief Treasury Officer, David Silvesjö.
For further information, please contact:
David Silvesjö, Chief Treasury Officer, Tel. +46 (0)730 70 22 22, david.silvesjo@catena.se
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About Catena
Catena is a listed property company that sustainably develops and durably manages efficient logistics facilities through collaboration. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future flows of goods. The overarching objective is to generate a strong cash flow from operating activities to enable sustainable growth and stable returns. As of 30 September 2024, the properties had a total value of SEK 40,808 million. Catena shares are traded on NASDAQ Stockholm, Large Cap.
