Kojamo Oyj — Capital/Financing Update 2018

Mar 7, 2018

Kojamo plc: Kojamo closes EUR 500 million notes issue

Kojamo plc: Kojamo closes EUR 500 million notes issue

Kojamo closes EUR 500 million notes issue
KOJAMO PLC, STOCK EXCHANGE RELEASE, 7 March 2018 at 5:00 p.m. EET
NOT FOR PUBLISHING OR DISTRIBUTION, WHETHER IN WHOLE OR IN PART, EITHER DIRECTLY
OR INDIRECTLY IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW
ZEALAND, SINGAPORE, SOUTH AFRICA, OR ANY OTHER COUNTRIES WHERE PUBLICATION OR
DISTRIBUTION WOULD BE AGAINST THE LAW
Kojamo plc has today issued EUR 500 million senior unsecured notes (the
"Notes"). The maturity of the euro-denominated Notes is 7 years, and the
maturity date is 7 March 2025. The Notes carry a fixed annual coupon of 1.625
per cent, payable annually on 7 March.
The Irish Stock Exchange has on 5 March 2018 approved the listing prospectus of
the Notes, which is available in English on the company's website at
www.kojamo.fi/en/investors. The Notes have been admitted to the official list of
the Irish Stock Exchange and to trade on its regulated market.
The company will use the proceeds of the issuance of the Notes to repay one or
more secured loan facilities in the approximate amount of EUR 300 million, for
general corporate purposes and for supporting the growth targets of the
company.
Danske Bank A/S, Deutsche Bank AG, London Branch, Nordea Bank AB (publ), and
Svenska Handelsbanken AB (publ) acted as Joint Bookrunners in the issuance.

Helsinki, 7 March 2018
KOJAMO PLC
 Further information:
Jani Nieminen, CEO, tel. +358 20 508 3201
Erik Hjelt, CFO, tel. +358 20 508 3225

Kojamo is the front-runner in rental housing and real estate investments. It has
undergone major renewals in recent years. The renewed Kojamo is able to provide
better urban housing in a rapidly changing world. Kojamo is transforming Finnish
society together with its customers, other companies and operators, as well as
cities.

Disclaimer
This release is for information purposes only and is not to be construed as an
offer to purchase or sell or a solicitation of an offer to purchase or sell with
respect to any securities of Kojamo plc ("Kojamo"). The distribution of this
release and the related material concerning the issuance of EUR 500 million
notes (the "Notes") may, in certain jurisdictions, be restricted by law. No
actions have been taken to register or qualify the Notes, or otherwise to permit
a public offering of the Notes, in any jurisdiction. Any offering material or
documentation related to the Notes may be received only in compliance with
applicable exemptions or restrictions. Persons into whose possession this
release or any such offering material or documentation may come are required to
inform themselves of and observe all such restrictions. This release and any
such offering material or documentation may not be distributed or published in
any country or jurisdiction if to do so would constitute a violation of the
relevant laws of such jurisdiction or would require actions under the laws of a
state or jurisdiction. In particular this release and any such offering material
or documentation may not be distributed in the United States, Australia, Canada,
Hong Kong, Japan, New Zealand, Singapore, South Africa or any other jurisdiction
in which it would not be permissible to offer the Notes and this release and any
related material concerning the issuance of the Notes may not be sent to any
person in the beforementioned jurisdictions. The information contained herein
shall not constitute an offer to sell or buy, or a solicitation of an offer to
buy or sell any of Kojamo's securities including the Notes to any person in any
jurisdiction in which such offer, solicitation or sale would be unlawful.
Neither Kojamo, the joint bookrunners, nor their representatives accept any
legal responsibility for any violation by any person, whether or not the persons
contemplating investing in or divesting Kojamo's securities including the Notes
are aware of such restrictions. The Notes have not been and will not be
registered under the U.S. Securities Act, or under the securities laws of any
state or other jurisdiction of the United States. The Notes may not be offered,
sold, pledged or otherwise transferred directly or indirectly within the United
States or to, or for the account or benefit of, U.S. Persons.

This announcement is not directed at retail clients (as defined in the Product
Intervention (Contingent Convertible Instruments and Mutual Society Shares)
Instrument 2015 of the Financial Conduct Authority of the United Kingdom) in the
European Economic Area ("EEA"). The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made
available to any retail investor in the EEA. For these purposes, a retail
investor means a person who is one (or more) of: (i) a retail client as defined
in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II");
or (ii) a customer within the meaning of Directive 2002/92/EC, where that
customer would not qualify as a professional client as defined in point (10) of
Article 4(1) of MiFID II. Consequently no key information document required by
Regulation (EU) No 1286/2014 (the "PRIIPs Regulation") for offering or selling
the Notes or otherwise making them available to retail investors in the EEA has
been prepared and therefore offering or selling the Notes or otherwise making
them available to any retail investor in the EEA may be unlawful under the
PRIIPs Regulation.

Solely for the purposes of each manufacturer's product approval process, the
target market assessment in respect of the Notes has led to the conclusion that:
(i) the target market for the Notes is eligible counterparties and professional
clients only, each as defined in MiFID II; and (ii) all channels for
distribution of the Notes to eligible counterparties and professional clients
are appropriate. Any person subsequently offering, selling or recommending the
Notes (a "distributor") should take into consideration the manufacturers' target
market assessment; however, a distributor subject to MiFID II is responsible for
undertaking its own target market assessment in respect of the Notes (by either
adopting or refining the manufacturers' target market assessment) and
determining appropriate distribution channels.

The information provided in this release and any offer materials relating to the
Notes are addressed to and directed only at persons in the United Kingdom in
circumstances where Section 21(1) of the Financial Services and Markets Act
2000 as amended, does not apply and are solely directed at persons in the United
Kingdom who (a) have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (b) are persons falling within
Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations
etc") of the Order, or (c) other persons to whom they may be lawfully
communicated (all such persons together being referred to as "relevant
persons"). This release is directed only at relevant persons and any person who
is not a relevant person must not act or rely on this document or any of its
contents.

[]