Annehem Fastigheter extends financing of SEK 1.6 billion of the total debt of SEK 1.9 billion

Annehem Fastigheter AB (publ) has extended the financing of its outstanding debt of SEK 1.6 billion with an existing bank consortium consisting of Nordea, SEB and Swedbank. As a result, the existing agreement is extended until November 2025 with the same terms as before, except for a discount obtained for the green properties in the portfolio and that the requirement for the interest-coverage ratio has been reduced from 2.0 to 1.7. As of 2022-09-30, the company's net loan-to-value ratio was 37.8 percent, the equity/assets ratio was 53.3 percent, and the interest coverage ratio was 2.9.

"We are pleased that in the challenging market we have managed to secure this extension, which significantly reduces our refinancing risk and ensures tied-up capital for another three years. It is also gratifying that we get an exchange on our sustainability work in the form of a green discount." says Monica Fallenius, CEO of Annehem Fastigheter.

For further information please contact:
Monica Fallenius
CEO
[email protected]
Mobile. +46 70 209 01 14

This information is information that Annehem Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on December 23, 2022.

The following documents can be retrieved from beQuoted
Annehem Pressrelease 2022-12-23 eng.pdf

About Annehem Fastigheter
Annehem Fastigheter is a growth-driven property company specializing in commercial, community service and residential properties in the Nordic growth regions of Stockholm, Skåne, Gothenburg, Helsinki and Oslo. The property portfolio in Annehem Fastigheter consists of 25 investment properties with a value of SEK 4 252.9 million and a lettable area of 195 thousand sqm. The company is listed on Nasdaq Stockholm since December 2020 with the ticker ANNE B and have a Nasdaq Green Designation since May 2022. For more information, please visit Annehem's website www.annehem.se.

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