SBB prices $100 million of Social Unsecured Bonds due 2027 and 2032 in inaugural US Private Placement financing
Not for release, publication or distribution in the United States of AmericaSamhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has successfully priced its inaugural US Private Placement (“USPP”) transaction with US-based purchasers. The social USPP was executed in two fixed rate senior unsecured tranches with a maturity of five and ten years, respectively. The new USPP was priced with a spread to maturity of Treasuries plus 325 bps and Treasuries plus 350 bps, respectively. At the time of pricing, these levels were equivalent to a 5-year EUR yield of 4.36% or MS+279 bps and a 10-year EUR