SIBS AB (publ) announces partial bond redemption
SIBS AB (publ) will partially redeem SEK 150,000,000 of its senior secured floating rate bonds. The redemption is scheduled for October 9, 2026, at 100 percent of the nominal amount.
Real estate company SIBS AB (publ) has announced a partial redemption of SEK 150,000,000 of its outstanding senior secured floating rate bonds, identified by ISIN SE0023112487. The redemption date is set for October 9, 2026, and the bonds will be redeemed at 100 percent of their nominal value.
This partial redemption is being carried out in accordance with a written procedure that was initiated on July 21, 2026, and subsequently approved on August 10, 2026. The redemption of SEK 150,000,000 is one of the conditions that were approved as part of the amendments made during this written procedure.
SIBS AB operates within the real estate development and investment sector, with a strategic focus on the Nordic markets. The company has previously outlined its objectives for business growth and the development of new property projects.
The company's announcement did not provide further details regarding the financing of this redemption or its specific implications for the company's financial standing in the short or long term.