Brief: Logistea Extends Fixed Interest Terms

Logistea AB

13/12/2022 12:40

Dec 13 (Reuters) - Logistea AB  LOGIa.ST :
    * LOGISTEA EXTENDS FIXED INTEREST TERMS AND LOWERS FINANCING
COST
    * ENTERED INTO NEW INTEREST DERIVATIVES FOR A NOMINAL AMOUNT
OF
SEK 800 MILLION WITH AN AVERAGE INTEREST RATE OF 2.15%
    * AVERAGE FIXED INTEREST TERM HAS INCREASED FROM 0.7 YEARS
TO 2.2
YEARS.
    * PROPORTION OF INTEREST-SECURED DEBT HAS INCREASED FROM 20
PERCENT TO JUST OVER 50 PERCENT OF TOTAL BORROWING

Source text for Eikon:  ID:nMFN25LXwr 
Further company coverage:  LOGIa.ST 
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