KMC Properties has a NOK 1 850 million senior secured bond loan with maturity on
11 December 2023. On 31 March 2023, the company announced that it had received
committed offers from banks of NOK 315 million. 

Today, KMC Properties is pleased to announce that it has received committed
offers from banks for an additional NOK 750 million, reaching approximately NOK
1,065 million in committed financing. 

The company continues to be in active dialogues and due diligence processes with
banks and private debt providers for the remaining amount. 

KMC Properties expects the new financing package required to repay the bond loan
to be established by the end of the second quarter of 2023 and that the
refinancing will be completed by the end of the third quarter this year. The
estimated weighted average interest rate for the new financing is in the range
between 300 and 330 basis points plus floating interest (3-month Nibor, 3-month
Euribor, 3-month Stibor or 3-month Danish Ibor), as previously communicated. 

For further information, please contact: 
Kristoffer Holmen, CFO KMC Properties ASA, tel. +4792814862 

About KMC Properties ASA 
KMC Properties is an Oslo Børs-listed real estate company focusing on
industrial- and logistic properties. The company has a diversified portfolio of
properties in the Nordics and the Netherlands. The properties are strategically
located and have long lease agreements with solid tenants. 

KMC Properties has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives. 

Information in this announcement is considered to be inside information pursuant
to the EU Market Abuse Regulation (MAR) and is subject to the disclosure
requirements pursuant to MAR article 17 and Section 5-12 the Norwegian
Securities Trading Act. This announcement was published by Kristoffer Holmen of
KMC Properties ASA on 26 May 2023 at 12:45 CEST.