Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has successfully issued a EUR 50m senior unsecured bond (Private Placement) in the European debt capital markets. The bond has a term of 20 years with a fixed annual coupon of 2.75 per cent. The bond matures 3 April 2040. The issuance will settle on 03 April 2020 with listing on Euronext Dublin.
“We are very happy with having issued a long-dated Private Placement in volatile markets at attractive levels, underlying the investor interest in SBB. This also show the European institutional investors supports our strong ambition to reach BBB+ . We welcome the interest for longer maturities among investors, which suits SBB’s strategy to secure stable cash flows over time,” says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.
Morgan Stanley acted as Sole Bookrunner.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, [email protected]
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 March 27, 2020, at 16:25 CET.