CITYCON OYJ Investor News 1 March 2026 at 23.15 hrs
As announced on 23 January 2026 Citycon has successfully signed a new EUR 270 million secured loan including an additional up to EUR 250 million accordion option. The EUR 270 million secured loan was drawn on 27 February 2026 and improves Citycon’s liquidity. As this new facility has been successfully implemented the Board of Directors of Citycon has chosen to cancel the existing undrawn EUR 250 million Revolving credit facility. The newly signed EUR 250 million accordion facility will serve as Citycon’s back-up liquidity facility going forward.
As disclosed in Citycon’s 2025 Financial Review the existing EUR 250 million Revolving credit facility includes customary terms and conditions for a secured revolving credit facility instrument. The terms and conditions include a change of control clause which limits G City Ltd’s ownership of the voting rights of Citycon to maximum 60%.
CITYCON OYJ
For further information, please contact:
Hilik Attias
Chief Financial Officer
Tel. +358 40 688 8580
hilik.attias@citycon.com
Anni Torkko
Director, Group Corporate Analysis & IR
Tel. +358 45 358 0570
anni.torkko@citycon.com
Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces that enhance the communities in which they operate. Citycon is committed to sustainable property management in the Nordic region with assets that total approximately EUR 3.8 billion. Our centres are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.
Citycon’s shares are listed on Nasdaq Helsinki Ltd.
www.citycon.com