SBB postpones interest payments on hybrid bonds
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") and its wholly owned subsidiary Offentliga Hus i Norden AB (publ) ("Offentliga Hus") have today decided to voluntarily defer the interest payments on all hybrid bonds in accordance with the terms and conditions of the hybrid bonds. SBB will defer interest payments until the earlier of (i) a compelling circumstance requiring repayment of deferred interest occurs in accordance with the terms of the hybrid bonds and (ii) SBB notifies that deferred interest is payable in accordance with the terms of the hybrid bonds. The measure is taken to strengthen liquidity.
| ISIN | Nominal amount | Repurchased | Maturity date | Interest rate | Information | Deferred interest payments from the interest due date onwards |
| SE0013359148 | 1 500 MSEK | 0 MSEK | Hybrid | 3,50% + STIBOR | SBB, Hybrid | 28 January 2024 |
| SE0013234531 | 575 MSEK | 278 MSEK | Hybrid | 6,85% + STIBOR | Offentliga Hus, Hybrid | 7 April 2024 |
| XS2010032618 | 500 MEUR | 46 MEUR | Hybrid | 2,62% | SBB, Hybrid | 30 April 2024 |
| XS2272358024 | 500 MEUR | 43 MEUR | Hybrid | 2,63% | SBB, Hybrid | 14 March 2024 |
| XS2010028186 | 500 MEUR | 61 MEUR | Hybrid | 2,88% | SBB, Hybrid Social | 30 January 2024 |
For further information, please contact:
Helena Lindahl, Treasury Director, [email protected], [email protected]
This information constitutes insider information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29 December 2023 17.45 CET.
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.