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2019-05-07 17:40:00

Samhällsbyggnadsbolaget i Norden AB: SBB has successfully issued a EUR 500m senior unsecured bond

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has successfully issued a EUR 500m senior unsecured bond in the European debt capital markets. The bond will mature on 14 January 2025 and carries a fixed coupon of 1.750%. The issuance was oversubscribed and will settle on 14 May 2019 with listing on Euronext Dublin.


The proceeds from the senior bond issuance will be used mainly for repayment of existing secured bank debt and for general corporate purposes.

"Our second transaction in the European debt capital markets is an important milestone in our journey towards a BBB rating and we look forward to coming updates of our credit rating. The proceeds will allow us to continue to focus on redeeming existing secured indebtedness and new investments in social infrastructure, such as elderly care homes, group housing and schools in the Nordics and rent regulated residentials in Sweden," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

Citi, Deutsche Bank, DNB and Nordea acted as Joint Bookrunners.


For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, ilija@sbbnorden.se

This information is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on May 7, 2019, at 17:40 CET.


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. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company's series B shares (short name SBB B), D shares (short name SBB D) and preference shares (SBB PREF) are listed on Nasdaq First North Premier. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se/ +46 84638300). More information about the company is available at www.sbbnorden.se.


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