Financing condition related to the Brookfield transaction has been fulfilled
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) announced on 24 September 2023 that the Company agreed to sell 1.16% of SBB EduCo AB (“EduCo”) to Brookfield Super-Core Infrastructure Partners (“Brookfield”) for approximately SEK 242 million and become a minority owner of EduCo, and that EduCo would repay part of its shareholder loan from SBB, resulting in SBB receiving proceeds of approximately SEK 8 billion. Today, SBB announces that the financing condition has been fulfilled according to plan, meaning that all material conditions for closing of the transaction have been satisfied.