D. Carnegie & Co strengthens one of its financial targets and investigates the possibility of issuing bonds

The property company D. Carnegie & Co – listed on Nasdaq First North Premier – has revised its loan to value target to 65% (from 70%).

D. Carnegie & Co is also investigating the possibility of issuing Swedish krona bonds.

For more information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co, tel. +46 (0)8 – 121 317 25

About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method.  In addition to this, the company creates value through the development of building rights in existing portfolios.

The market value of the company’s properties amounted to MSEK 11,521 on 31 December 2014 and the total rental value is estimated at MSEK 1,161 annually. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co has been listed on NASDAQ Firth North Premier since 11 December 2014. The company’s Certified Adviser is G&W Fondkommission.

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