Kojamo signed with Danske Bank EUR 50 million credit agreement linked to its sustainability targets

Kojamo plc Press Release, 27 December 2022 at 3:00 p.m. EET

Kojamo signed with Danske Bank EUR 50 million credit agreement linked to its sustainability targets

Kojamo plc has signed a new EUR 50 million credit agreement with Danske Bank A/S, Finland Branch. The credit agreement is unsecured and has a maturity of three years with two one-year extension options. The loan will refinance a EUR 50 million credit agreement with Danske maturing in spring 2023.

The margin of the credit facility is linked to Kojamo’s key sustainability targets related to the energy efficiency of new buildings as well as to the reduction of carbon footprint of the property portfolio. Responsibility and sustainable development is one of the key areas in Kojamo’s strategy, and the financing arrangement made with Danske underlines the company’s commitment to achieving the goals set out in the sustainability programme.

For more information, please contact

Erik Hjelt, 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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