TRIBONA AB (PUBL): MAKES PREPAYMENT TO HELABA AND SECURES LOAN FROM DANSKE BANK


Lund, Sweden, 2016-02-08 14:45 CET (GLOBE NEWSWIRE) --  

Landesbank Hessen-Thüringen Girozentrale, Helaba, has withdrawn its loan to two of the companies in the Tribona group due to the change of control in Tribona AB. The change of control is a consequence of Catena AB´s public offer to Tribona´s shareholders.

Prepayment to Helaba is to be made on 15 February 2016. The total amount to be prepaid is approx. SEK 277 million. Tribona will by the prepayment repay its debt to Helaba in full. The two relevant companies in the Tribona group have secured new loans of approx. SEK 387 million from Danske Bank, which is a new lender to Tribona.

 

– Several of Tribona´s other lenders had, like Helaba, a right under their loan agreements to require prepayment due to the fact that Catena AB is now a majority shareholder in Tribona, but have chosen not to use that right, which demonstrates the good relation we have with our creditors, says Per Johansson, Tribona´s CEO.

 

FOR FURTHER INFORMATION
Per Johansson, CEO: +46 708 17 1363, e-mail: per.johansson@tribona.se
 

This information is such that Tribona AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 8 February 2016, 14:45 CET.

ABOUT TRIBONA
Tribona AB (publ) is one of Sweden's largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 36 in Sweden and one in Denmark, with a total lettable area of about 708.000 square meters. For more information, please visit www.tribona.se


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TRIBONA AB (PUBL) MAKES PREPAYMENT TO HELABA AND SECURES LOAN FROM DANSKE BANK.pdf