SBB announces successful completion of EduCo transaction with Brookfield

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) today completed its previously announced sale of 1.16% of SBB EduCo AB (“EduCo”) to Brookfield for approximately SEK 242 million. EduCo will repay part of its inter-company loan from SBB, resulting in SBB receiving approximately SEK 8 billion in cash.

SBB works purposefully to optimise the conditions in its business areas. The strategic co-operation with Brookfield strengthens the opportunities for long-term value creation in the Education business area. The transaction contributes to strengthen SBB's financial position.

For further information, please contact:
Helena Lindahl, Treasury Director, ir@sbbnorden.se, press@sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.