Citycon Flags EUR270 Million Drawdown from Revolving Credit Facility

12:05 AM EST, 03/02/2026 (MT Newswires) -- Citycon (CTY1S.HE) has drawn 270 million euros of secured loan from its revolving credit facility, according to a Feb. 27 release. The loan has an initial term of three years that will expire in January 2029, with options for two one-year extensions. The secured loan is expected to boost the Finnish real estate group's liquidity. The drawdown was carried out under the deal announced on Jan. 23. Citycon also disclosed separately on Sunday that it decided not to exercise the revolver's accordion option of 250 million euros.