Swedish real estate company Oscar Properties postpones quarterly earnings release

Oscar Properties Holding AB

16/02/2024 14:05

COPENHAGEN, Feb 16 (Reuters) - Swedish real estate
company Oscar Properties  OP.ST  said on Friday it would
postpone the release of its fourth-quarter earnings report to
April 4, adding that it had faced several challenges over a
period of time. 
    Oscar Properties in January reluctantly agreed to sell real
estate at a discounted price of 2.2 billion Swedish crowns 
($209.86 million) to repay loans from Norwegian bank DNB and
other smaller creditors.

($1 = 10.4832 Swedish crowns)

 (Reporting by Greta Rosen Fondahn, writing by Louise Breusch
Rasmussen, editing by)
 ((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79;))