D. Carnegie & Co strengthens one of its financial targets and investigates the possibility of issuing bonds


The property company D. Carnegie & Co – listed on Nasdaq First North Premier –
has revised its loan to value target to 65% (from 70%).
D. Carnegie & Co is also investigating the possibility of issuing Swedish krona
bonds.

For more information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co, tel. +46 (0)8 – 121 317 25

About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the
Greater Stockholm region and other growth areas. The company’s business concept
is to own property portfolios slated for a gradual renovation of apartments in
conjunction with the natural turnover of tenants. This can take place quickly
and cost-efficiently thanks to extensive experience from the Bosystem renovation
method.  In addition to this, the company creates value through the development
of building rights in existing portfolios.

The market value of the company’s properties amounted to MSEK 11,521 on 31
December 2014 and the total rental value is estimated at MSEK 1,161 annually.
The economic occupancy rate is high – vacancies are virtually non-existent. D.
Carnegie & Co has been listed on NASDAQ Firth North Premier since 11 December
2014. The company’s Certified Adviser is G&W Fondkommission.

Attachments

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