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During the first quarter of 2024, Eastnine has refinanced bank loans totalling EUR 62 million. After refinancing, only bank loans of EUR 23 million remain to be refinanced in 2024.
Of the loans of EUR 62 million, approximately EUR 45 million relates to financing in SEB due in February 2029, related to the properties S7-2 and 3 in Vilnius, and approximately EUR 18 million to financing in Swedbank due in November 2027, related to the property S7-1 in Vilnius. 50 percent of the loan volume has fixed interest rate via interest rate swaps with the same maturities.
After the refinancing, bank loans of approximately EUR 23 million remain to be refinanced in December 2024. Eastnine has no capital market financing.
Eastnine AB (publ)
For more information contact:
Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and deputy CEO, +46 70 224 29 35
Visit www.eastnine.com