Delarka Fastighet completes a MSEK 740 refinancing and reduces its interest costsDelarka Fastighet AB (publ) has utilised a MSEK 740 bank loan. The bank loan will be applied towards finance the redemption of its MSEK 740 bonds 2013/2020 with ISIN SE0005498094. The bank loan matures in March 2021 and has an annual fixed interest rate of 2.21%, which will reduce the company's annual financing costs from approximately MSEK 34 to approximately MSEK 17.5 during the term of the bank loan. The company will amortize MSEK 11.1 on the bank loan annually. The refinancing costs are expected to amount to approximately MSEK 15. The company welcomes the new funding and is happy to take advantage of lower interest rates and to secure long term liquidity. 2016-12-21 For further information, please contact:
Sven I Hegstad +47 220158 80, [email protected]
Stefan Gattberg +46 8-402 51 22, [email protected]
Johan Åskogh +46 8-402 53 81, [email protected]
The following documents can be retrieved from beQuoted
Delarka Fastighet Pressrelease 2016-12-21.pdf The information contained in this press release is such information that Delarka Fastighet AB (publ) is required to publish in accordance with the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication on 21 December 2016 at 19:00.
About Delarka Fastighet AB
Delarka Fastighet AB (publ) is a Swedish real estate company owning, managing and letting the property Polisen 2 in Solna, Stockholm. The property is fully leased until 30 April 2026 to PostNord AB. The building was completed in November 2003 and consists of approximately 53 000 m2, of which around 14 000 m2 is garage. The company is managed by Pareto Business Management AB and Wildeco is the Certified Advisor.
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