Sponda has signed an agreement on a five- and seven-year €300 million syndicated credit facility. The facility will be used to refinance part of the existing loan portfolio, replacing a similar type of agreement signed in July 2004. The facility pays a margin of 0.375-0.70% on Euribor.
The participating banks are Danske Bank A/S, Handelsbanken, Nordea and OKO Bank.
Source: Sponda