Samhällsbyggnadsbolaget i Norden AB has repurchased bonds
Samhällsbyggnadsbolaget i Norden AB (“SBB”) today announces a repurchase of bonds with a nominal value of SEK 124,000,000. This repurchase of bonds relates to unsecured bonds issued by the subsidiary SBB i Norden AB (publ) with a nominal outstanding amount of SEK 600,000,000, including already repurchased bonds by SBB. The bonds have a floating rate corresponding to STIBOR 3m plus 6.25 percent and are due in June 2018 (ISIN: SE0009470115). The purchase price corresponds to 101.50 percent of the remaining outstanding nominal value of the bonds, i.e. approx. SEK 125,860,000.
Following the purchase, SBB’s holding in the above mentioned bonds totals a nominal amount of SEK 294,000,000.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, ilija@sbbnorden.se
About Samhällsbyggnadsbolaget i Norden AB (publ)
The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. SBB was named the winner of the 2017 Real Estate Company of the year Award. The company’s series B shares (short name SBB B) and preference shares (SBB PREF) are listed on Nasdaq First North Premier. Certified Adviser is Remium Nordic Holding AB (www.remium.com). More information about the company is available at www.sbbnorden.se.