SBB and Phoenix have entered into an agreement to issue 10,209,678 D-shares and buy back hybrid bonds at a nominal value of SEK 300m
The board of Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB" or "the Company") has, with the support of the issue authorization from the Extraordinary General Meeting on November 5, 2018, decided on a directed new issue of 10,209,678 D-shares at a price of 31.00 SEK per share (the "new share issue"), which means that the company will receive a gross proceed of approximately SEK 316.5m. Phoenix Insurance Company has subscribed for 10,209,678 D-shares in the new share issue. The company believes that the new share issue creates the best conditions for quickly and efficiently obtaining