SBB elects to repay additional SEK 3.9 billion in secured bank debt as part of its ambition to achieve a BBB+ rating - financial costs decrease by SEK 88 million
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) is planning, as of 31 January 2020, to repay a secured bank loan of SEK 3.9 billion. The repayment results in lower financial costs on a 12-month rolling basis (everything else being equal) of SEK 88 million. The repayment is part of SBB's aim to achieve a BBB+ rating. SBB will continue to repay bank loans.