CITYCON OYJ Investor News 21 April 2026 at 00:45 hrs
Citycon has successfully signed a new EUR 220 million1 secured loan facility with a five-year tenor, further reinforcing the company’s long-term liquidity and financial flexibility. The facility is fully compliant with all Citycon’s existing financial covenants.
Hilik Attias, CFO of Citycon, says: "We are very pleased with this successful loan transaction and the terms received. I would like to thank Aareal Bank AG for their commitment and support for our business. Together with the secured loan signed earlier this year, we have now executed two significant secured loan transactions in a short period of time, demonstrating strong lender interest in our high-quality assets. The transactions significantly extend Citycon’s debt maturity profile and reduce near-term refinancing needs, strengthening our balance sheet.”
CITYCON OYJ
For further information, please contact:
Hilik Attias
CFO
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
[1] The loan will be drawn in SEK and NOK and is equivalent to approximately EUR 220 million based on current EUR-SEK and EUR-NOK exchange rates.