SBB has been assigned a BBB rating with stable outlook from Scope

Scope Ratings GmbH (“Scope”) has assigned a BBB rating with stable outlook to Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”).

According to Scope, the rating is driven by the SBB’s low-risk business model, with a strong asset quality and excellent tenants providing stable and predictable cash flows.

“SBB has a strong financial position and we are working hard to continue to provide more information to the market about our low-risk assets. This is our first BBB rating and we feel confident with our journey to achieve a BBB+ rating in short term and an A- rating in the long term,” says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

Scope outlines in the rating SBB’s pathway to a BBB+ rating: “A positive rating action would require the Scope-adjusted LTV ratio to improve to below 50 percent on a sustained basis, while keeping interest coverage comfortably above three times.”

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@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.