During 2026, Logistea refinanced and renegotiated loan facilities totalling SEK 2,135 million, of which SEK 1,067 million was completed in the first quarter and SEK 1,068 million in the second quarter. The refinancing has reduced the interest margin by an average of 0.66 percentage points, corresponding to annual savings of approximately SEK 14 million. Of this, around SEK 7 million in reduced interest expenses is already reflected in the earnings capacity reported for the first quarter.
Of the refinanced and renegotiated loans, SEK 665 million originally matured in 2026 and SEK 1,000 million in 2027. The new average maturity is three years. The remaining renegotiated loans have not been extended and will mature at the end of 2027 and 2030, respectively.
In addition, the amortisation rate has been reduced across all refinanced facilities, resulting in a total reduction in annual amortisation of SEK 31 million.
“Through these refinancings and renegotiations, we are improving our financial metrics while increasing our free cash flow by as much as SEK 45 million annually. This enhances our capacity to pursue further value-creating investments and acquisitions. It also reflects the strong confidence of our Nordic banking partners in the quality and attractiveness of our properties within the warehousing, logistics and light industrial segments, as well as their continued interest in supporting our growth,” says Tobias Lövstedt, Head of finance at Logistea.