The term loan B of PHM Group Holding Oyj has been successfully priced and allocated
PHM GROUP HOLDING OYJ | STOCK EXCHANGE RELEASE | 21 JUNE 2024 AT 17.15 pm EEST
The senior secured floating rate term loan B (the “Term Loan B”) of PHM Group Holding Oyj (the “Company”) announced on 10 June 2024 has been successfully priced and allocated to investors.
The EUR 300 million Term Loan B has a maturity of up to 7 years. The Term Loan B bears a floating rate and has a margin of 4.75 per cent.
Deutsche Bank Aktiengesellschaft and Nordea Bank Abp act as Joint Global Coordinators and Physical Bookrunners for the Term Loan B.
PHM GROUP HOLDING OYJ
For further information:
PHM Group Holding Oyj
- Petri Pellonmaa, Group CFO, +358 40 568 3841, petri.pellonmaa@phmgroup.com
- Ville Rantala, Group CEO, +358 50 385 1442, ville.rantala@phmgroup.com
PHM Group in brief
PHM Group is a property services group whose mission is to care about people by taking care of their surroundings. PHM Group consists of the best local companies in the industry with the same values and motivations: entrepreneurship and a fair and responsible way of working.
PHM Group employs over 10,000 property services professionals in Finland, Sweden, Norway, Denmark and Germany. The Group’s consolidated revenue amounted to EUR 759 million in 2023. PHM Group is owned by the funds managed by Norvestor and the Intera fund together with the management of the local companies. Read more: phmgroup.com
Contacts
- Petri Pellonmaa, Konsernin talousjohtaja, +358 40 568 3841, petri.pellonmaa@phmgroup.com
- Ville Rantala, Konsernin toimitusjohtaja, +358 50 385 1442, ville.rantala@phmgroup.com