03-06-2025
SATO Corporation signs a EUR 150 million unsecured term loan facility with OP Corporate Bank
By GlobeNewswire Published on June 3, 2025, 11:00 IST
Press release 3 June 2025 at 9:00 AM
SATO Corporation has signed a EUR 150 million sustainability linked loan facility with OP Corporate Bank plc. The facility is unsecured and has a tenor of four years with one-year extension option.
The loan will be used for the refinancing of the company's existing indebtedness as well as for its general financing needs. The loan margin is linked to SATO's key sustainability targets.
For more information, please contact:
Henry Lindqvist, Group Treasurer, phone +358 50 3172352, [email protected]
Markku Honkasalo, CFO, phone +358 201 34 422, [email protected]
SATO Corporation is an expert in sustainable rental housing and one of Finland's largest rental housing providers. SATO owns around 26,000 rental homes in the Helsinki Metropolitan Area, Tampere and Turku. SATO aims to provide excellent customer experience and a comprehensive range of urban rental housing alternatives with good access to public transport and services. We promote sustainable development and work in open interaction with our stakeholders.
SATO invests profitably, sustainably and with a long-term view. We increase the value of our assets through investments, divestments and repairs. In 2025, SATO celebrates its 85 th anniversary.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
