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Update regarding bondholder allegation

Following the results and completion of the Exchange Offers referred to in the press releases dated 18 December 2024 and 23 December 2024, SBB Treasury Oyj and Samhällsbyggnadsbolaget i Norden AB (publ) (together referred to as “SBB”) have been notified that: · Fir Tree Capital Opportunity Master Fund LP and Fir Tree Value Master Fund LP (as the First and Third Claimants) have now discontinued their claims against SBB because they no longer hold any Notes which are the subject of the ongoing legal proceedings; and · Fir Tree Credit Opportunity Master Fund LP (formerly Fir Tree

SBB announces successful completion of tender and exchange offers and publishes an outcome presentation

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has completed its previously announced tender and exchange offers. On 10 December 2024, SBB launched tender and exchange offers for selected securities. The results of the offers were announced on the 18 December 2024. For more information, please see the Outcome presentation available as an attachment to this announcement and on the company’s website. The outcome significantly reduces the risks in regard to the ongoing litigation in the English High Court. The majority of bondholders who has pursued legal threats or litigation has given

SBB and Genova divest building rights in Nacka Strand

Samhällsbyggnadsbolaget i Norden AB (“SBB”) and Genova have, through their joint venture, agreed to divest building rights in Nacka Strand of approximately 8,800 square meters of Light Gross Floor Area to Besqab. The detailed development plan is expected to be adopted in 2026 and relates to part of the property Nacka Sicklaön 13:24. The purchase price amounts to a total of approximately SEK 194 million, of which approximately SEK 44 million relates to development costs. The deal includes 75 parking spaces in the existing garage facility. The book value of the building rights as of

SBB dissolves additional joint ventures with a total property value of SEK 2,162 million

During December, Samhällsbyggnadsbolaget i Norden AB (“SBB”) acquired its co-owners' 50 percent shareholdings in two joint ventures with Magnolia Bostad and Sveaviken with a total property value of SEK 2,162 million as per the latest external valuation. In connection with the acquisitions, SBB receives a positive total liquidity effect of SEK 5 million after payment of the purchase price and repayment of down payments linked to uncompleted deals in the jointly owned companies. The joint ventures have been financed with bank debt and loans from SBB. Bank debt of approximately SEK 990 million

Announcement of results of tender and exchange offers

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR TO ANY U.S. PERSON (AS

Announcement in connection with the tender and exchange offers

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA (the "United States") OR TO ANY U.S. PERSON (AS

SBB’s Nomination Committee appointed

Samhällsbyggnadsbolaget i Norden AB (publ) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2024. The Nomination Committee consists of: · Ilija Batljan (Ilija Batljan Invest AB) · Rikard Svensson (AB Arvid Svensson) · Leif West (Dragfast AB) · Christopher Johansson (Compactor Fastigheter AB and Sven-Olof Johansson) · Lennart Sten (the Chair of the Board of Directors) Shareholders who wish to submit proposals to the Nomination Committee are

Announcement of tender and exchange offers

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA (the "United States") OR TO ANY U.S. PERSON (AS

SBB receives additional letter expressing intention to accelerate from bondholders regarding Eurobonds issued under its EMTN programme

SBB Treasury Oyj and Samhällsbyggnadsbolaget i Norden AB (publ) (together “SBB”) have received a letter from three funds each managed by Corbin Capital Partners, L.P.[1] (together, the “Corbin Funds”) notifying an intention to accelerate their respective holdings of SBB's 2028 and 2029 Notes issued under the 2020 and 2021 EMTN programme (the "Additional Letter"). The Corbin Funds claim that their combined holdings amount to a nominal value of approximately EUR 25 million, spread across both series of bonds. The Additional Letter from the Corbin Funds is identical in form to the ones

SBB receives additional letters expressing intention to accelerate from bondholders regarding Eurobonds issued under its EMTN programme

SBB Treasury Oyj and Samhällsbyggnadsbolaget i Norden AB (publ) (together “SBB”) have received   letters from FFI Fund Ltd., FYI Ltd., and Olifant Fund Ltd. (the “Funds") notifying an intention to accelerate their respective holdings of SBB's 2028 and 2029 Notes issued under the 2020 and 2021 EMTN programme (the "Additional Letters"). The Funds claim that their combined holdings amount to a nominal value of approximately EUR 52 million, spread across both series of bonds. The Additional Letters from the Funds are identical in form to each other and the ones previously received and described

SBB receives letters expressing intention to accelerate from bondholders regarding Eurobonds issued under its EMTN programme

SBB Treasury Oyj and Samhällsbyggnadsbolaget i Norden AB (publ) (together “SBB”) have received letters from Fir Tree Co-Investment Opportunities Master Fund SPC – SP I and certain other bondholders[1]  ("Fir Tree and others") notifying an intention to accelerate their respective holdings of SBB's 2028 and 2029 Notes issued under the 2020 and 2021 EMTN programme (the "Letters"). Fir Tree and others claim that their combined holdings amount to a nominal value of approximately EUR 50 million, spread across both series of bonds. The Letters from Fir Tree and others are identical in form to each

SBB’s Interim Report January–September 2024: Strong companies emerge

SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB (PUBL), INTERIM REPORT JAN–SEP 2024 IN BRIEF: The period in brief, continuing operations · Rental income for the period amounted to SEK 2,926m (3,512). · Rental income increased by 5.9 percent in comparable portfolios. · Net operating income amounted to SEK 2,045 million (2,496). · Net operating income increased by 7.4 percent in comparable portfolios. · Profit from property management, excluding exchange rate differences, amounted to SEK 1,803m (1,272). · Cash flow from operating activities before changes in working capital was SEK

SBB divests elderly care properties in Västerås and Flen

Samhällsbyggnadsbolaget i Norden AB ("SBB") has entered into an agreement to divest the properties Västerås Sågklingan 6 and Flen Vävskeden 21 to Nordisk Renting with an estimated closing date for Västerås Sågklingan 6 around the end of 2024 and Flen Vävskeden 21 during the third quarter of 2025. The lettable area for the elderly care properties is expected to total approximately 13,900 square metres. The transaction is based on an underlying property value of SEK 679 million before deduction of deferred tax of 5.15 percent, which means a total payment of approximately SEK 672 million.

Invitation to presentation of SBB’s interim report January-September 2024

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) will publish its interim report for January-September 2024 on 27 November 2024 at 08:00 CET. SBB’s CEO Leiv Synnes will present the results on the same day at 10:00 CET via conference call and webcast. The presentation will be held in English and will be concluded with a Q&A session. Questions can be asked on the conference call or in written form through the webcast. The report will be available at: https://corporate.sbbnorden.se/en/reports-and-presentations/ If you wish to participate via webcast please use the link below.

SBB divests remand prison project in Västerås

Samhällsbyggnadsbolaget i Norden AB ("SBB") and K2A have entered into an agreement to divest the properties part of Ångpannan 10, Ångpannan 12 and part of Västerås 1:202 in Västerås to Intea with an estimated exit during the second quarter of 2025. The sale relates to the new Kriminalvårdens hus that is under construction for the Prison and Probation Service. The lettable area after completion is estimated to amount to 34,600 square metres. The transaction is based on an underlying property value of SEK 620 million and SBB's share of the transaction is expected to release approximately SEK

SBB starts construction of new care home at Tenstaterrassen in Stockholm

Samhällsbyggnadsbolaget i Norden AB (“SBB”) is starting construction of a new nursing and care home at Tenstaterrassen in Stockholm, with construction scheduled to begin in the fourth quarter of 2024. The home will offer 80 beds spread over 8 wards and 6 floors. With its location next to Järvafältet, residents will have easy access to nature, recreation, and good transport links in the neighbourhood. “We look forward to contributing, together with the tenant Ersta diakoni, to new and much-needed housing for the elderly in Stockholm. Our joint ambition is to create a home-like environment

SBB awarded EPRA Silver level certificate for its sustainability reporting

Samhällsbyggnadsbolaget i Norden AB (“SBB”) has been awarded Silver Level Compliance in accordance with the EPRA Sustainability Best Practices Recommendations (sBPR), one of the most recognised sustainability reporting standards in the European real estate sector. This award is proof of SBB's strong commitment to sustainable development and transparency in its sustainability efforts. The European Property Regulatory Association (EPRA) is a leading industry organisation working to raise the standards of sustainability reporting for listed property companies in Europe. EPRA's BPR

Sveafastigheter trading on Nasdaq First North Premier Growth Market commences today

Today, Sveafastigheter AB (publ) (“Sveafastigheter”) begins trading on Nasdaq First North Premier Growth Market, marking the company's entry as a listed company. Sveafastigheter was previous to the listing a wholly owned subsidiary of Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”). Sveafastigheter will be a key holding for SBB in the Residential business area. A listing and broadening of the shareholder base of Sveafastigheter gives the company optimal conditions to capitalise on its unique market position and create the right conditions for growth. With a focused management,

SBB sets transaction terms for the listing of the subsidiary Sveafastigheter

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE.Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has determined the price range and number of shares to be sold in connection with Sveafastigheter AB's (publ) ("

SBB takes financial management in-house - expected annual savings of SEK 25 million

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has decided to bring the financial management of all its Swedish companies in-house, which has previously been outsourced. This strategic decision is expected to generate annual savings of approximately SEK 25 million, with full effect from 2026. The implementation of this initiative will take place in two phases. The first phase will start on 1 October 2024, as the financial management of 180 companies is transferred to in-house management. The remaining approximately 420 companies will follow from 1 January 2025. “By bringing

SBB's subsidiary Sveafastigheter announces its intention to list on Nasdaq First North Premier Growth Market

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THE PRESS RELEASE.Samhällsbyggnadsbolaget i Norden AB's (publ) ("SBB") wholly owned subsidiary Sveafastigheter AB (publ) ("Sveafastigheter") today announces that it intends to list on Nasdaq

Correction regarding the consolidated cash flow statement for the second quarter 2024

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") published on 28 August 2024 the interim report for January-June 2024 in which errors have been identified after the publication. The errors are attributable to the human factor. SBB has produced a correction sheet for the interim report for January-June 2024 which is available on SBB's website. It should be read together with the interim report published on 28 August 2024. The errors identified and corrected relate to the omission of two lines in the Consolidated cash flow statement, condensed on page 22 in the report. This relates to the

Nordiqus secures SEK 8.6bn refinancing

Samhällsbyggnadsbolaget i Norden AB's (publ) (“SBB”) associated company in Education, Nordiqus, has refinanced approximately USD 800m, corresponding to approximately SEK 8.6bn, of its existing bank debt of SEK 16bn with private placement bonds issued directly in SEK and NOK in the US market. The bonds have maturities of 10 to 15 years. This has been made possible by Nordiqus’ financing receiving an investment grade rating based on infrastructure rating methodology. “As an independent company, Nordiqus has achieved a good credit rating and this refinancing confirms the company's stable

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