Prisma Properties refinances SEK 2.3 billion in bank loans – lowers average interest rate and strengthens earnings

MAR

Prisma Properties (publ) has renegotiated a loan agreement with Swedbank and Nordea, totaling SEK 2.3 billion. The new agreement, which has an average maturity of 3.5 years, lowers the company's total average interest rate from 5.1% to 4.7%, reducing annual interest expenses by approximately SEK 15 million.

The refinancing is part of the company’s strategy to secure a long-term stable financing structure. As a result, Prisma’s average debt maturity increases from 1.9 to 3.4 years, while the share of interest-bearing debt maturing within the next 12 months decreases from 26% to 3%.

"I see this as a major achievement, successfully refinancing a significant part of our loan portfolio ahead of schedule. The new loan agreement strengthens our earnings and financial stability while positioning us for continued profitable and sustainable growth," says Fredrik Mässing, CEO at Prisma Properties.

Datum 2025-02-19, kl 08:00
Källa MFN
Alla Aktier tipsar: Har du redan ett konto på Avanza? Varför inte skapa ett på Nordnet också och jämföra funktioner, courtage mm. Det tar inte lång tid, du fixar det direkt här med BankID
Investeringar i värdepapper och fonder innebär alltid en risk och det är inte säkert att du får tillbaka det investerade kapitalet