Samhällsbyggnadsbolaget i Norden AB issues senior unsecured notes for SEK 250 million
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB” or the ”Company”) issues senior unsecured notes for SEK 250 million at a floating interest rate of Stibor 3m + 365 basis points and final maturity of just over three years. The notes will be issued on 16 March 2018.
”We continue to lower our financial costs as well as strengthening our financial position. The SEK 250 million notes issue is part of this process.” says Ilija Batljan, CEO and founder of Samhällsbyggnadsbolaget i Norden AB.
The net proceeds will be deployed towards general corporate purposes. The notes are issued under a framework of SEK 1,000 and 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, email@example.com
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. SBB was named the winner of the 2017 Real Estate Company of the year Award. The company’s series B shares (short name SBB B) and preference shares (SBB PREF) are listed on Nasdaq First North Premier. Certified Adviser is Remium Nordic Holding AB (www.remium.com). More information about the company is available at www.sbbnorden.se.