Samhällsbyggnadsbolaget i Norden AB has entered into new swap agreements and now 100 per cent of its loans have a fixed interest rate
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") now has 100 per cent of its loans with a fixed interest rate through the entering into of swap agreements totaling SEK 2 billion with maturities of six years (SEK 1 billion) and 10 years (SEK 1 billion). Together with previously fixed interest loans, 100 percent of SBB's loans are now with a fixed interest rate with an average maturity of approximately five years. "SBB's social infrastructure properties are characterised by long contracts with an adjusted weighted average lease term of approximately 10 years. Long-term leases combined