SBB issues commercial papers for SEK 600 million
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has successfully issued commercial papers totalling SEK 600 million, with maturities of three months (interest rate at 0.3%) and twelve months (interest rate at 0.5%), within its newly established commercial paper programme. The framework amount for the commercial paper programme is SEK 2,000 million with maturities up to 364 days.
"We are proud to once again execute a successful issue. The commercial paper programme complements our current loan portfolio, lowers our financial costs and strengthens our financial position. This is another step towards SBB becoming the largest player focused on community service properties in the Nordic region." says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.
The programme is arranged by Swedbank AB (publ), which also serves as the issuing institute together with Nordea Bank AB (publ).
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. 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.