The proceeds from the senior bond issuance will be used for repayment of existing secured bank debt and for general corporate purposes.

"This transaction in the European debt capital markets is an important milestone in our journey towards a BBB flat rating and we look forward to coming updates of our credit rating. The transaction was more than three times oversubscribed and diversifies our investor base and further extends our average debt maturity," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.