Bonava has today signed an agreement with our lenders to extend credit facilities by three years
Bonava has today signed an agreement with our lenders to extend credit facilities of approximately EUR 400 M until March 2027. The conditions for finalising the financing package are now in place.
On December 20, 2023 Bonava presented a new long-term financial package comprising on three parts; extension of credit facilities, extension of the bond loan maturity and a fully underwritten rights issue. Extension of the credit facilities has today been signed. The note holders approved the extension of the bond loan on January 10, 2024. The complete terms and conditions of the Rights issue will be published on February 2 and an Extra General Meeting will be held on February 7.
For more information, please contact:
Anna Falck Fyhrlund, Head of Investor Relations
Tel: +46 707 604 914
Fredrik Hammarbäck, Group Head of Press and Public Affairs
Tel: +46 739 056 063
Bonava is a leading residential developer in Europe with the purpose to create happy neighbourhoods for the many. With its 1,300 employees, Bonava develops residential housing in Germany, Sweden, Finland, Estonia, Latvia and Lithuania. To date, the company has built about 40,000 homes and reported net sales of approximately SEK 13 Bn in 2023. Bonava’s shares and green bond are listed on Nasdaq Stockholm.
For more information about us: www.bonava.com