Including the new financing, and adjusted for the maturity of the bond loan, the average period of tied-up capital as of 19 May 2020 amounted to 4.3 years whereas the average financing rate amounted to 2.4 per cent. Corresponding figures as of 31 March 2020 amounted to 3.6 years and 2.4 per cent, respectively.

”It is gratifying that our strategy of working closely with our banks enables extensive new financing in an exceptional period of time where the previously stable capital market has rapidly changed”, says Jens Andersson, Head of Finance at Klövern.