Nordiqus secures SEK 8.6bn refinancing
Samhällsbyggnadsbolaget i Norden AB's (publ) (“SBB”) associated company in Education, Nordiqus, has refinanced approximately USD 800m, corresponding to approximately SEK 8.6bn, of its existing bank debt of SEK 16bn with private placement bonds issued directly in SEK and NOK in the US market. The bonds have maturities of 10 to 15 years. This has been made possible by Nordiqus’ financing receiving an investment grade rating based on infrastructure rating methodology. “As an independent company, Nordiqus has achieved a good credit rating and this refinancing confirms the company's stable