SBB announces that remaining noteholders have submitted notification of conversion of SBB’s subordinated mandatory convertible notes to shares
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) announces that remaining noteholders of subordinated mandatory convertible issued during 2021 in an aggregated nominal amount of SEK 2.75 billion which are due 2023 (the “Notes”) have been submitted for conversion into Class B shares. Notes in an aggregated nominal amount of SEK 10 million have by noteholders been submitted for conversion into in total 523,641 Class B shares. After the conversion, there are no additional outstanding Notes, entailing that all Notes have been converted.
For further information, please contact:
Helena Lindahl, Treasury director & IR, ir@sbbnorden.se
The information was submitted for publication, through the agency of the contact person set out above on 21 July, at 10:15 CEST.
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.