Lumo Homes signs a EUR 500 million back-stop facility agreement

Lumo Homes plc Press release 17 June 2026 at 12:15 p.m. EEST

Lumo Homes signs a EUR 500 million back-stop facility agreement

Lumo Homes plc has signed a EUR 500 million back-stop facility agreement with Nordea Bank Abp, OP Corporate Bank plc and Swedbank AB (publ). The back-stop facility is unsecured when undrawn and it matures in early 2029. The facility can be used to refinance the EUR 500 million bond maturing in spring 2027.

“We are very pleased with the signing of this agreement. The back-stop financing arrangement secures our liquidity despite the bond maturing next spring and provides cost-efficiency and flexibility as it allows us to time the refinancing to an optimal moment. It demonstrates the company’s strong access to diversified sources of funding and continued support from our bank partners,” says Lumo Homes’ CFO Erik Hjelt.

For more information, please contact:

Niina Saarto, Director, Treasury & Investor Relations, Lumo Homes plc, tel. +358 20 508 3283, niina.saarto@lumo.fi 

Distribution: 

Nasdaq Helsinki, key media 

Lumo Homes plc is Finland’s largest residential real estate company and a bold innovator in urban living. Our homes are located in the largest growth centres, with excellent transport connections and diverse services nearby. We invest in sustainable, modern and digital solutions that make life in a rental home smooth and flexible. We create better urban living by delivering the best customer experience. Lumo – simply the right home.  

Lumo Homes plc´s shares are listed on the official list of Nasdaq Helsinki. For more information: https://yritys.lumo.fi/en