Klövern carries out refinancing


Refinancing has taken place by Klövern signing a new loan agreement at Danske Bank totalling SEK 574 million with a variable interest rate. The major part of the new loan is being used to redeem one of Klövern’s original loans from 2002. The remaining part can be used for future property acquisitions.
Initially, this measure will lead to Klövern paying approximately SEK 19 million in early redemption and other charges. After the refinancing, Klövern’s average borrowing cost was 3.8 per cent compared with 4.3 per cent on 30 September 2005.
Nyköping, 6 December 2005
Klövern AB (publ)
For further information, please contact:
Gustaf Hermelin, CEO, tel +46-(0)155-44 33 10, +46-(0)70-560 00 00, gustaf.hermelin@staging-wwwklovernse.wp4.triggerfish.cloud
Anders Lundquist, CFO, tel +46-(0)155-44 33 20, +46-(0)70-528 43 33, anders.lundquist@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Einar, Corporate Communications Officer, tel +46-(0)155-44 33 12,
+46-(0)70-224 29 35, britt-marie.einar@staging-wwwklovernse.wp4.triggerfish.cloud