Kojamo obtains new EUR 150 million unsecured financing from SMBC

Kojamo plc Press Release, 20 December 2024 at 10:00 a.m. EET

Kojamo obtains new EUR 150 million unsecured financing from SMBC

Kojamo plc and SMBC Bank EU AG have signed a new unsecured EUR 150 million long-term credit facility agreement. The financing arrangement consists of a EUR 100 million revolving credit facility and a EUR 50 million term loan. The financing will be used for the group's general financing needs, and its margin is linked to Kojamo's key sustainability targets.

"We are very pleased to welcome a new financier among our relationship banks," says Kojamo's Interim CEO and CFO Erik Hjelt.

For more information, please contact

Erik Hjelt, Interim CEO and CFO, Kojamo plc, tel. +358 20 508 3225

Niina Saarto, Director, Treasury & Investor Relations, Kojamo plc, tel. +358 20 508 3283

Kojamo is Finland’s largest private residential real estate company and one of the biggest investors in Finland. Our mission is to create better urban housing. Lumo offers environmentally friendly housing and services for the city dweller who appreciates quality and effortlessness. We actively develop the value of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. Kojamo’s shares are listed on the official list of Nasdaq Helsinki. For more information, please visit https://kojamo.fi/en/

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