BWG Homes refinances debt with Nordea loan

Norway’s BWG Homes has replaced all of its outstanding long term debt, totalling Nkr1.04bn ($186m), with new loan facilities agreed with Nordea.

  • 01 Apr 2011

The new financing is split into a Nkr400m three year loan and an interest-only loan of up to Nkr650m with a maturity of five years.

The outstanding debt was due to expire in 2012.

BWG Homes, which builds and sells residential homes across the Nordic region, reported operating revenues of ...

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