Sponda signs new EUR 82m credit facility with Helaba

Finnish property company Sponda said on Monday that it has signed a new EUR 82 mln credit facility with German lender Helaba. The five-year credit facility will enable Sponda to refinance its bonds that mature in 2010. For Helaba, this facility further underlines its commitment to the Nordic markets. The interest rate margin on the credit facilities are in line with current market rates, the company said.

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