Today, as a step in safeguarding the company's long-term loan financing,
During 2019, SSM has taken measures to secure the company's long-term financing and introduce more balanced financial risk-taking in its business model. In addition to the company's equity, SSM has two external sources of financing in the form of a bond and loans from credit institutions.
On
SSM has now also signed an agreement with
- This month, SSM has reached two important milestones that have secured our long-term loan financing - an agreement with a majority of SSM's bondholders to extend the maturity date of the bonds by two years and the two-year refinancing of the company's real estate loans. In addition, SSM's business will be characterized by more balanced financial risk-taking going forward, says
The company's work to secure long-term financing has generated non-recurring costs of approximately 14 MSEK that will impact the fourth quarter 2019 in its entirety.
This information is such information that
For more information, please contact:
Email: ann-charlotte.johansson@ssmliving.se
Phone: +46 761-65 17 71
About
SSM produces functional smart and affordable housing with attractive communal areas, close to public transport in close proximity to the company's target group - tomorrow's urbanites. The company's vision is a housing market with room for as many people as possible. SSM is a leading housing developer in its niche within the
https://news.cision.com/ssm/r/ssm-secures-long-term-loan-financing---signs-2-year-agreement-to-refinance-company-s-real-estate-loa,c2999664
https://mb.cision.com/Main/11507/2999664/1168405.pdf
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