Eurocommercial Properties N.V. De Boelelaan 7, 1083 HJ Amsterdam P.O. Box 15542, 1001 NA Amsterdam Tel: +31 (0)20 530 60 30
PRESS RELEASE
Date: 2 July 2025 Release: After closing of Euronext
Eurocommercial completes two new refinancings in Sweden and Italy fully in line with its debt management strategy
Eurocommercial has completed two new refinancing transactions in Sweden and Italy, further advancing its proactive debt management strategy. These transactions are fully in line with its Green Finance Framework and part of a broader programme to renew and extend its loan portfolio.
The Company has signed an amendment and restatement agreement with Nordea Bank Abp, filial i Sverige on a portfolio of its Swedish assets, increasing the loan amount from SEK 1.8 billion (circa €160 million) to SEK 2.4 billion (circa €215 million) and extending the loan maturity by three years, from 2027 to 2030. The loan qualifies as a green loan, in line with the Company's Green Finance Framework.
Additionally, the Company has entered into a new €200 million (€100 million group share), fiveyear loan agreement with ING Bank N.V., Milan Branch, BNP Paribas – Succursale Italiana (acting as lenders, joint Bookrunners, Mandated Lead Arrangers and Sustainability Coordinators) and Banco BPM S.p.A. (acting as lender) for the Fiordaliso shopping centre in Milan (the previous loan was expiring in H1 2026), which is owned in a joint venture with the Finiper Group. This new loan qualifies as both a green and sustainability-linked loan, consistent with the Company's Green Finance Framework.
As previously announced, all loans maturing in 2025 have been refinanced. Discussions are progressing well for the refinancing of the remaining loans maturing in the second half of 2026, which relate to the Company's other two Italian flagship properties, Carosello and I Gigli, as well as the C4 shopping centre in Sweden. The Company expects to finalise these refinancing agreements later this year.
Amsterdam, 2 July 2025
Board of Management
Evert Jan van Garderen Roberto Fraticelli
About Eurocommercial
Eurocommercial Properties N.V. is a Euronext-quoted property investment company and one of Europe's shopping centre specialists. Founded in 1991, Eurocommercial currently owns and operates 24 shopping centres in Belgium, France, Italy, and Sweden with total assets of almost €4 billion.
www.eurocommercialproperties.com
For additional information please contact:
Ilaria Vitaloni, Investor Relations Officer Tel: +44 777 5428833 [email protected]