Kungsleden refinances loans and extends the average maturity on borrowings with a lower funding cost

Kungsleden AB has refinanced bank loans of €138 million (SEK 1,340 million) by borrowing from Realkredit Danmark, which is a fully owned subsidiary to Danske Bank. Realkredit Danmark issues mortgage- backed bonds with an AAA rating received by Standard & poor's. Kungsleden receives a credit commitment with a duration of…