Citycon Oyj has today signed a EUR 300 million credit facility
agreement with a Nordic bank group. The credit facility consists of
two tranches, a EUR 100 million tranche of six months, with an
extension option for a further 90 days, and a EUR 200 million
facility of up to twelve months. The six months' tranche will be
prepaid from proceeds of the rights issue.
The facility will be drawn for the financing of the acquisition of
Iso Omena shopping centre.
The mandated lead arrangers of the facility are Danske Bank A/S,
Nordea Bank Finland Plc, OKO Bank plc and Skandinaviska Enskilda
Banken AB (Publ). The facility was substantially oversubscribed at
syndication. Margins for the facility are 0.25 - 0.30% p.a. over
Euribor.
Helsinki, 11 September 2007
CITYCON OYJ
Petri Olkinuora
CEO
For further information, please contact:
Eero Sihvonen, CFO, mobile +358 50 557 9137
Distribution:
Helsinki Stock Exchange
Major media
www.citycon.fi
This press release has not been prepared for the purpose of an offer
of, solicitation of an offer, or any similar acts to buy or subscribe
for, securities of the issuer, and, in particular, does not
constitute an offer or a solicitation of an offer for securities of
the issuer in or to residents of the United States, Canada, Japan, or
Australia.