SBB contemplates a directed share issue to support its ambition of reaching an investment-grade rating by optimizing the capital structure as well as to procure additional working capital
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB” or the “Company”) and SEB Corporate Finance will evaluate the conditions for a directed share issue of approximately 15 million new common shares of class D to institutional investors, through an accelerated book-building procedure. The issuance is an important step