Akelius raises EUR 335 million in equity
Akelius Residential Property AB has,pursuant to a resolution of its Board of Directors,raised equity through a capital contribution from its owner Akelius Apartments Ltd. Akelius Residential Property AB receives EUR 335 million. The proceeds will be used to repurchase the following outstanding hybrid bond,EUR 334,701,000, initially EUR 500 million,6.25-year non-call, first reset date 2026-05-17,ISIN XS2110077299.Standard & Poor’s assigns Akelius's hybrid bond fifty percent equity content.Adding equity well above the fifty percent equity content of the outstanding hybrid