Financing Secured for Nyfosa’s SEK 4.9 billion Acquisition from SBB

Jens Engwall, CEO of Nyfosa, and Ilija Batljan, CEO of SBB.

Image: Nyfosa/David Schmidt (Pixprovider)

Financing Secured for Nyfosa’s SEK 4.9 billion Acquisition from SBB

Sweden — After seeing a transaction of SEK 8 billion with SBB fall through earlier this year, Nyfosa announces that financing is secured for the SEK 4.9 billion acquisition from SBB.

2020-07-01

As previously announced, Nyfosa signed an agreement on June 10, 2020 for the acquisition of a property portfolio comprising mainly tax-funded tenants at a value of SEK 4.9 billion from SBB.

The transaction is conditional upon financing and the approval of the Swedish Competition Authority. Nyfosa’s financing has now been secured by raising new bank loans. A favorable ruling is anticipated from the Swedish Competition Authority, which is expected to be issued in July.

Closing is scheduled to take place as soon as possible following approval by the competition authority and not later than August 17, 2020.

Axel Ohlsson

[email protected]