Brief: Studentbostader I Sverige Buys Property In Stockholm

Studentbostader I Norden AB (publ)

15/04/2021 07:34

April 15 (Reuters) - Studentbostader I Sverige AB
 STUDBO.ST :
    * ACQUISITION IS FINANCED THROUGH BANK FINANCING AND A
DIRECTED
NEW ISSUE OF SHARES IN SBS TO THE SELLER ESTEA
    * PROPERTY VALUE IS AROUND SEK 300 MILLION
    * PRELIMINARY PURCHASE PRICE, INCLUDING REDEMPTION OF
CONSOLIDATED
DEBT, AMOUNTS TO A TOTAL OF AROUND SEK 93.9 MILLION
    * AROUND SEK 8.9 MILLION IS PAID IN CASH AND SEK 85 MILLION
IS
PAID THROUGH AN ISSUE OF NEW SHARES IN SBS
    * ACCESS DAY IS TENTATIVELY JUNE 1, 2021

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL5n05ls
    
 Further company coverage:  STUDBO.ST  
   


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