Peab finance property through partly owned companies issuing bonds under the new MTN program

The Peab to 30 percent-owned Svensk FastighetsFinansiering AB (SFFAB) has completed a bond issue of SEK 650 million, a three-year bond with a fixed coupon of 3.65% (SEK 400 million) and an FRM loan (SEK 250 million) under a new MTN program with a framework of SEK 5 000 million. By issuing bonds in SFFAB Peab finance a property jointly owned with Brinova. The financing totals SEK 72 million and is secured with mortgages on the property.
Peab's involvement in the company operating under a strategic investment in property development, and represents one of several options for financing residential and commercial properties.

For additional information, please contact:

Jesper Göransson, CFO + 46 733 371013

Fredrik Wahrolén, Communication Manager +46 733 371007

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 3 pm on 13 December 2011.

Peab is one of the leading construction and civil engineering companies in the Nordic countries with 15,000 employees and a net sale amounting to around SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.