SATO Corporation, Press Release, 17th May 2019 at 7:50 pm

SATO will announce further information when notes are issued under the Programme.

SATO has mandated Nordea Bank Abp to act as the arranger of the Programme.

For more information, please contact:

SATO Corporation
Markku Honkasalo, CFO, p. +358 201 34 4226 or +358 50 598 8728
Janne Runsamo, Group Treasurer, p. +358 201 34 4009 or +358 45 671 3567

SATO is one of Finland's leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2018 SATO owned around 25,900 apartments in Finland's largest growth centres and in St. Petersburg.

We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.

The SATO Group's net sales in 2018 were EUR 290 million, operating profit EUR 273 million and profit before taxes EUR 231 million. The value of SATO's investment assets was roughly EUR 3.9 billion.