Brief: KMC Properties Says Has Reset Seven Interest Rate Swaps Gaining Cash Inflow Of NOK 100 Mln

Bevest ASA

22/03/2024 20:17

March 22 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * INCREASES CASH POSITION THROUGH RESETTING OF SWAPS TO
PURSUE
ATTRACTIVE GROWTH OPPORTUNITIES
    * : KMC PROPERTIES HAS TODAY RESET SEVEN INTEREST RATE SWAPS
GAINING A CASH INFLOW OF NOK 100 MILLION
    * KMC PROPERTIES - SEVEN INTEREST RATE SWAP AGREEMENTS HAD
AN
EXPECTED INTERNAL RATE OF RETURN OF 5.9% PER CENT WITH
MATURITIES IN 2027, 2028 AND 2030

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

 ((Reuters.Briefs@thomsonreuters.com;))