Published on 5/18/2021 in the Prospect News Green Finance Daily.
New Issue: SBB prices €750 million social bonds at par to yield 1.125%
By Wendy Van Sickle
Columbus, Ohio, May 18 – Samhallsbyggnadsbolaget i Norden AB (SBB) priced a €750 million issue of 8.5-year senior bonds (B2/B) at par to yield 1.125% on Tuesday, according to a notice.
Citi, Danske Bank, Deutsche Bank, Goldman Sachs Europe SE, JPMorgan, Nordea and Swedbank are the joint bookrunners.
Proceeds will be used to finance eligible social assets in accordance with SBB's sustainable finance framework.
Samhallsbyggnadsbolaget i Norden AB is a real estate company based in Stockholm.
| Issuer: | Samhallsbyggnadsbolaget i Norden AB
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| Amount: | €750 million
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| Tenor: | 8.5 years
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| Securities: | Senior social bonds
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| Bookrunners: | Citi, Danske Bank, Deutsche Bank, Goldman Sachs Europe SE, JPMorgan, Nordea and Swedbank
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| Coupon: | 1.125%
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| Trade date: | May 18
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| Ratings: | Moody’s: B2
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| S&P: B
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