Investor Presentaiton
STRONG, LIQUID BALANCE SHEET WITH NO MATURITIES UNTIL LATE 2024
Improved Credit Profile and a Stronger, More Flexible Balance Sheet
No material maturities thru 2024
3.3 years weighted avg
maturities
2.38% weighted avg interest rate
40%
43%
Bonds
16%
☐☐ RCF
Bonds
CP
Well Laddered Maturities (MEUR)*
500 498
୮
99
76
Hybrid Bonds
Equity
350
350
247
217
2022
2023
2024
2025
2026
2027
2028
Total available liquidity
537 MEUR
Unencumbered assets
**
100%*
Investment grade
S&P-BBB- (Stable)
Moody's - Baa3
(Negative)
** Citycon
*In September, Citycon continued to repurchase bonds in the open market, still at a discount. A total of 2 MEUR was repurchased of the 2024 notes and 26.95
MEUR of the 2027 notes. 25.95 MEUR was executed during the end of Q3/2022 and 3.0 MEUR during the beginning of Q4/2022.
Citycon Investor Presentation
12
**Excluding 250 MEUR undrawn RCF and Kista 1.22 BNSEK JV debt.View entire presentation