The purpose of the facility is to refinance Sponda Group’s existing loans. The participating banks are MeritaNordbanken-Unibank Group, Danske Bank A/S Helsinki Branch, Norddeutsche Landesbank Luxembourg S.A., LB-Kiel (Member of WestLB Group), Okobank, Deutsche Girozentrale International S.A., Deutsche Hyp Deutsche Hypothekenbank Frankfurt-Hamburg AG, Swedbank - Föreningsparbanken, ja Aktia Savings Bank p.l.c. MeritaNordbanken-Unibank Group is the sole arranger.
Sponda is the largest real estate investment company listed on the Helsinki Exchanges. The market value of its property portfolio is worth approx. FIM 7.8 billion (1.3 billion Euro)and the leasable area 900,000 m2.