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