SBB establishes a new joint venture with Castlelake which signs a loan agreement of approximately SEK 5.7 billion
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has agreed to enter into a joint venture, SBB Social Facilities AB (”SBB Social Facilities”), together with funds managed by global alternative investment manager Castlelake, LP (”Castlelake”) and supported by ATLAS SP Partners (“ATLAS”) (together the “Lenders”). In connection with the establishment of the joint venture, cash proceeds are released through a loan agreement[1] between SBB Social Facilities and the Lenders for approximately SEK 5.7 billion. SBB Social Facilities will use the loan proceeds to acquire properties from SBB, to
