Brief: KMC Properties Acquireds Four Properties From Bewi ASA

Bevest ASA

31/03/2023 14:47

March 31 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * ACQUIRING FOUR PROPERTIES FROM BEWI ASA
    * TO ACQUIRE ONE DANISH AND THREE FINNISH PROPERTIES FROM
BEWI ASA
    * TOTAL TRANSACTION VALUE OF NOK 348.3 MILLION
    * PROPERTIES HAVE A RENTAL INCOME OF DKK 3.5 MILLION AND EUR
1.6
MILLION
    * NOK 200.0 MILLION OF TRANSACTION WILL BE FINANCED SHORT
TERM BY
KMCP'S CURRENTLY UNDRAWN REVOLVING CREDIT FACILITY
    * REMAINING NOK 148.3 MILLION WILL BE SETTLED IN NEW KMCP
SHARES
    * COMPANY IS CURRENTLY IN PROCESS OF GETTING COMMITMENTS ON
LONG-TERM FINANCING OF PROPERTIES

Source text for Eikon:  ID:nObiH4rvHa 
Further company coverage:  KMCP.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))