Sagax SKr3.6 billion dual-currency refinancing

Overview:

• Sagax has completed the refinancing of its SKr3.6 billion dual-currency credit facility with Deutsche Pfandbriefbank. 
• The facility is granted in Swedish krona and euros, with loans of SKr2.344 billion and €135 million extended to the group.
• It is the company's largest facility, representing some 43% of its interest-bearing debt.
• Sagax is a property company with a focus on commercial property investment, primarily targets the warehouse and light industry segment. It is listed on Nasdaq Nordic.

Jon Moore - Journalist