Genova repurchases bonds of SEK 115m

Genova has today repurchased bonds in the amount of SEK 115m of bond loan with ISIN SE0013222593 due on September 30, 2023. The bond loan amounts to a total of SEK 525m and runs with a coupon of 3 months STIBOR plus 5.25 percent.

During the first quarter 2023, Genova also repurchased bonds in the amount of SEK 27.5m of bond loan with ISIN SE0014808820 due on September 9, 2024. The bond loan amounts to a total of SEK 750m and runs with a coupon of 3 months STIBOR plus 4.50 percent.

For further information, please contact:
CEO, Michael Moschewitz, mobile +46 (0)70-713 69 39, [email protected]

About Genova
Genova Property Group AB (publ) is a modern property company with a personal touch that owns, manages and develops properties with focus on Greater Stockholm area and Uppsala Region. On 31 March 2023, the value of the company's property portfolio amounted to approximately SEK 10.2 billion with a lettable area of approximately 369,000 sqm and the company held approximately 9,200 building rights for residential units. Genova's share has been listed on Nasdaq Stockholm since June 2020.

Genova – Smålandsgatan 12 – SE-111 46 Stockholm – www.genova.se