Samhällsbyggnadsbolaget i Norden AB issues notes for SEK 300 million at a fixed interest rate of 2.9 percent
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) issues senior unsecured notes for SEK 300 million at a fixed interest rate of 2.9% and final maturity date on 20 December 2019. The notes will be issued on 12 February 2018.
“We continue to lower our financial costs with this issue which is also our first with a fixed interest rate, something that increases the diversity in our capital structure and our financial flexibility. We are also delighted to once again see continuous support from our institutional investors, which we see as confirmation of the attractive and stable property portfolio we hold.” comments Ilija Batljan, CEO and founder of Samhällsbyggnadsbolaget i Norden AB.
The use of proceeds will be deployed towards general corporate purposes. SBB intends to list the notes on Nasdaq Stockholm.
Nordea acted as the financial advisor.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, firstname.lastname@example.org
About Samhällsbyggnadsbolaget i Norden AB (publ)
The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. The company’s series B shares (short name SBB B) and preference shares (SBB PREF) are listed on Nasdaq First North. Certified Adviser is Remium Nordic Holding AB (www.remium.com). More information about the company is available at www.sbbnorden.se.