Kinland raises NOK +10 billion in new debt financing for multi-year growth

Kinland refinances two separate debt financing arrangements onto long-term infrastructure debt platform and secures competitive growth CAPEX commitments in support of further growth

Oslo, 9 September 2025

Kinland AS (“Kinland”), supported by PATRIZIA, an investment manager in global real assets, is pleased to announce the successful refinancing of certain debt financing arrangements through the establishment of a long-term infrastructure common terms platform. The new and substantially oversubscribed debt issuance includes NOK +10 billion equivalent in drawn and undrawn NOK and EUR denominated bank term loans and fixed-rate institutional notes from a consortium of leading banks and institutional infrastructure lenders paired with substantial uncommitted accordion optionality.

The successful refinancing onto a long-term, infrastructure-style common terms platform marks a significant milestone in optimising Kinland’s capital structure and aligning our financing with the long-term nature of our business. The strong interest from leading international lenders underscores the confidence in our strategy, performance, and outlook. In addition to the debt re-gearing of a large part of the Kinland Group’s portfolio, we are particularly encouraged by the sizeable growth CAPEX commitments made available by the lender consortium, which will support our continued growth ambitions and strategic investments. This financing provides us with enhanced flexibility and a robust foundation for the next phase of our development.” said Teodor Coucheron-Gautier Teigen, CFO of Kinland.

Kinland was advised by Rothschild & Co (financial), Latham & Watkins LLP (UK legal) and DLA Piper (Nordic, Polish and Dutch legal).

Kinland

Kinland is a social infrastructure company providing high-quality properties for government-backed care services. The company owns 372 properties, providing a safe and quality environment needed for the care of more than 30,000 people across the Nordic region and continental Europe.

Our properties have during recent years played an important role in developing the preschool and care sectors through improved capacity, quality, and cost-efficiency. We view social infrastructure properties as a cornerstone of the welfare systems in the countries in which we operate, promoting work participation, gender equality, equal opportunities, and integration. Through our long-term institutional and pension fund owners, we aim to be a solid and reliable partner to our tenants and the end-users of our properties.

For more information:

Kinland

Teodor Coucheron-Gautier Teigen, CFO

Telephone: +47 924 09 742, e-mail: teodor.teigen@kinlandgroup.com

Benjamin Thorsen, CEO

Telephone: +47 480 16 142, e-mail: benjamin.thorsen@kinlandgroup.com

www.kinlandgroup.com

 

PATRIZIA

Graham Matthews, Head of Fund Management Infrastructure at PATRIZIA and Chairman of the Board of Kinland

Telephone +44 207 183 6120, e-mail: graham.matthews@patrizia.ag

www.patrizia.ag

Date: 9. september 2025