Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has successfully issued a EUR 750m senior unsecured bond in the European debt capital markets. The bond will mature on 12 August 2027 and carries a fixed coupon of 1.00%. The issuance was oversubscribed and will settle on 12 February 2020 with listing on Euronext Dublin.
The proceeds from the senior bond issuance will be used for repayment of existing secured bank debt.
“We are very happy with having issued one of the largest bonds ever by a Nordic real estate company at our lowest maturity-adjusted margin to date. The heavily oversubscribed book is a testimony of that the investors support our strong ambition to reach BBB+ ,” says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.
Citi, Deutsche Bank, JP Morgan, Nordea and Swedbank acted as Joint Bookrunners.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, [email protected]