Press release - 12 March 2024 08:47

Refinancing and repayment of bond for eQ Commercial Properties Fund by Colliers Debt Advisory

eQ Commercial Properties Fund has rearranged the maturing senior loans and bond financings in late 2023 and early 2024. The existing bond was repaid in full in two instalments, in January and March 2024. All current senior lenders remain as financiers and in addition, Colliers Debt Advisory facilitated two new long-term senior financiers with an aggregate loan amount exceeding EUR 100 million. Today the fund has EUR 560 million of senior loans in total and all of that is green or sustainability-linked financing.

- It is a testament to eQ’s business strategy and all the parties involved that the outstanding bond was refinanced during a very turbulent time for the credit markets. We extend our congratulations to eQ on a successful and well executed refinancing, says Viggo Bekker Ståhl, Head of Debt Advisory at Colliers Nordics.

eQ Commercial Properties Fund invests in Finnish retail and office real estate.

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Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. Colliers mission is to maximize the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

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