Brief: Genova Strengthens Credit Portfolio With Refinancing, Newly Signed Interest Rate Swaps

Genova Property AB

15/12/2023 11:01

Dec 15 (Reuters) - Genova Property Group AB  GPGR.ST :
    * GENOVA STRENGTHENS ITS CREDIT PORTFOLIO WITH REFINANCING
OF
ABOUT SEK 450 MILLION AND NEWLY SIGNED INTEREST RATE SWAPS OF
SEK 850 MILLION
    * DURING FOURTH QUARTER OF 2023, GENOVA HAS REFINANCED BANK
LOANS
OF APPROX. 450 MILLION WITH AVERAGE CAPITAL TIE-UP PERIOD OF
ABOUT 1.8 YEARS
    * DURING FOURTH QUARTER, CREDIT PORTFOLIO HAS ALSO BEEN
STRENGTHENED WITH NEW NEWLY SIGNED INTEREST RATE SWAPS TOTALLING
SEK 850 MILLION WITH AVERAGE FIXED FIXED INTEREST RATE OF ABOUT
2.50 PER CENT AND MATURITY OF ABOUT 3.6 YEARS

Source text for Eikon:  ID:nWkr4Dlqpc 
Further company coverage:  GPGR.ST 

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