“As an independent company, Nordiqus has achieved a good credit rating and this refinancing confirms the company's stable financial position and enables us to continue to be a long-term and stable partner as an owner of educational infrastructure,” says Jenny Rehn, CEO of Nordiqus.

“Nordiqus' entry into the capital market has been very impressive, reduced refinancing risks and stable cash flows will be a good for SBB. Strong demand for bonds by large US institutions gave the company favourable financing terms. Several additional institutions are actively working to finance Nordiqus, assuring continued success in the capital markets. This step confirms our strategy to demerge SBB and bring in co-owners in our business areas as we also plan to do with Sveafastigheter,” says Leiv Synnes, CEO of SBB.

Nordiqus is a platform for public education infrastructure with growth potential. SBB owns 49.84 percent of Nordiqus, which has a total property value of SEK 38.8 billion as of the end of June 2024. Nordiqus is co-owned with Brookfield Super-Core Infrastructure Partners.