SBB borrows SEK 1,060m with 15-year maturity
The loan of SEK 1,060m runs for 15 years and is part of the Nordic Investment Bank's (“NIB”) loan portfolio, which aims to promote sustainable societal development in the Nordic and Baltic countries. The loan finances a 26,000 sqm multifunctional building that houses six theatre stages, two art galleries and the city library alongside a conference centre, hotel, and restaurants. The Sara Cultural Centre has been constructed using locally sourced wood, benefiting the locally forestry companies, and creating new jobs in the process. Standing at almost 80 metres, the building is one of the