TESSIN NORDIC HOLDING AB Samhällsbyggnadsbolaget iNorden AB (publ) ("SBB") is planning, in connection with the completion of the acquisition ofOffentliga Hus AB , to repay secured bank debt ofSEK 3 billion . The repayment results in lower financial costs on a 12-month rolling basis (everything else being equal) ofSEK 30 million . At the same time, the repayment contributes to increasing SBB's unencumbered assets cover ratio to over 3 times, which is among the strongest inEurope (see table below). [image] The planned repayment is part of SBB's aim to achieve a BBB+ rating. For further information, please contact:Ilija Batljan , CEO and Founder of Samhällsbyggnadsbolaget iNorden AB , ilija@sbbnorden.se Samhällsbyggnadsbolaget iNorden 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 inSweden , 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. The Company's preference shares (ticker SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser isErik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300). Further information about SBB is available at www.sbbnorden.se.
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