SBB confirms that it meets the consolidated coverage ratio as the covenant is calculated in its outstanding Eurobonds

Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB” or the ”Company”) has noted certain public comments that the Company is unable to meet the consolidated coverage ratio as the metric is calculated in the Eurobond terms and conditions. The Company refers to the Q1 report as published on 29 May 2023 (https://corporate.sbbnorden.se/en/updated-presentation-of-first-quarter-interim-report-following-jm-divestment/). According to the Company’s assessment, the Company meets the interest coverage ratio under the Eurobonds.

For further information, please contact:
Helena Lindahl, Treasury director & IR, ir@sbbnorden.se

This information constitutes insider information that Samhällsbyggnadsbolaget i Norden AB (publ)  is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 31-05-2023 17:41 CET.

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.