VVO Group issues EUR 100 million bond

VVO Group plc, which now operates as Kojamo Oyj, has launched a EUR 100 million corporate bond with a portion intended for public trading. The bond will be listed on the Nasdaq Helsinki exchange, reflecting the company's access to capital markets.

The issuance of the bond is supported by the company's strong financial performance and consistent cash flow. This move aligns with VVO Group's ongoing strategy to fund its growth initiatives and maintain a robust balance sheet in the competitive housing market.

While VVO Group has not specified the exact use of the proceeds, such corporate bonds are typically utilized for acquiring new properties, refurbishing existing housing stock, or strengthening overall corporate liquidity. These activities are crucial for an entity aiming to expand its rental portfolio.

VVO Group is recognized as Finland's largest private landlord and a significant player in the residential real estate sector, focusing on providing quality rental apartments in key growth regions across the country.