"SBB's social infrastructure properties are characterised by long contracts with an adjusted weighted average lease term of approximately 10 years. Long-term leases combined with 100 per cent of loans now being fixed at a low interest provides very secure long-term cash flows. From a risk perspective, SBB can be seen as a municipal bond with an increasing return, since more than 90 percent of our revenue comes directly or indirectly from the state or municipalities and Swedish rent regulated residentials," says Ilija Batljan, CEO and Founder of SBB.
Image: David Schmidt/Pixprovider
SBB Secures All Loans at a Fixed Interest Rate
Sweden — SBB now has 100 per cent of its loans with a fixed interest rate through the entering into of swap agreements totaling SEK 2 billion with maturities of six years (SEK 1 billion) and 10 years (SEK 1 billion). Together with previously fixed interest loans, 100 percent of SBB's loans are now with a fixed interest rate with an average maturity of approximately five years.