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2019-08-29 17:12:42

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 4 September 2026 and carries a fixed coupon of 1.125%. The issuance was oversubscribed and will settle on 4 September 2019 with listing on Euronext Dublin.


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

"This transaction in the European debt capital markets is an important milestone in our journey towards a BBB flat rating and we look forward to coming updates of our credit rating. The transaction was more than three times oversubscribed and diversifies our investor base and further extends our average debt maturity," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

Citi, Deutsche Bank, JP Morgan 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


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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