SBB has sold equity linked loans for SEK 1,465 million with the intention of selling its JV share in Svenska Myndighetsbyggnader AB to Kåpan Pensioner
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has sold equity linked loans (equity linked loans are to Svenska Myndighetsbyggnader AB (“SMB”)) for SEK 1,465 million to Kåpan Pensioner. The amount corresponds to 93.91% of the nominal value. Furthermore, the parties have agreed that the ambition is for Kåpan Pensioner to buy SBB's share in the JV company SMB by 31 December this year (JV owned 50/50 between SBB and Kåpan Pensioner). “SBB must focus on its core business, increase transparency and free up capital in order to repurchase bonds and create the conditions for a stronger