Lumo Homes extends the maturity of its EUR 125 million syndicated loan

Lumo Homes extends the maturity of its EUR 125 million syndicated loan

Lumo Homes plc has signed an amendment agreement relating to its secured syndicated loan of EUR 125 million. As a result of the amendment, the maturity of the loan has been extended from October 2027 to early 2030 and the loan includes two one-year extension options. The financing arrangement supports the management of the company’s financing structure and extends the maturity profile of its loan portfolio.

Nordea Bank Abp, Danske Bank A/S, OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) acted as arrangers of the financing agreement.

For more information, please contact

Niina Saarto, Director, Treasury & Investor Relations, Lumo Homes plc, tel. +358 20 508 3283, niina.saarto@lumo.fi

Lumo Homes plc is Finland’s largest residential real estate company and a bold innovator in urban living. Our homes are located in the largest growth centres, with excellent transport connections and diverse services nearby. We invest in sustainable, modern and digital solutions that make life in a rental home smooth and flexible. We create better urban living by delivering the best customer experience. Lumo – simply the right home.
 
Lumo Homes plc´s shares are listed on the official list of Nasdaq Helsinki. For more information: https://yritys.lumo.fi/en