Borenius advised the lenders on the refinancing of Kojamo plc
References/9 May 2023
Borenius advised the lenders on the refinancing of Kojamo plc
We advised a syndicate of six banks on the refinancing of Kojamo plc. A new credit facility amounting to EUR 425 million will be used for the refinancing of Kojamo’s existing indebtedness and for the group’s general financing purposes. The loan has a maturity of three years with two one-year extension options.
The margin of the facility is linked to Kojamo’s sustainability targets that relate to energy efficiency and the reduction of the property portfolio’s carbon footprint.
Kojamo plc is Finland’s largest private residential real estate company and one of the biggest investors in Finland with the mission to create better urban housing.