Brief: Genova Strengthens Earnings, Extends Loan Maturities

Genova Property AB

21/10/2024 07:03

Oct 21 (Reuters) - Genova Property Group AB  GPGR.ST :
    * GENOVA STRENGTHENS EARNINGS AND EXTENDS LOAN MATURITIES
    * COMPLETED MEASURES WILL REDUCE FINANCIAL EXPENSES BY SEK
46M ON
AN ANNUAL BASIS
    * INCREASING LOAN MATURITIES TO 3.2 YEARS AND FIXED-RATE
PERIOD TO
3.0 YEARS.
    * SIGNED NEW FINANCING AGREEMENTS WITH BANKS FOR
APPROXIMATELY SEK
3,400M IN TOTAL
    * REFINANCING STRENGTHENS GENOVA'S LIQUIDITY BY ALMOST SEK
100M

Source text for Eikon:  ID:nWkr6d3FJx 
Further company coverage:  GPGR.ST 

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