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The latest update is out from Castellum AB ( (SE:CAST) ).
Castellum AB has secured bondholder approval to amend the terms of several series of its outstanding EMTN bonds, introducing changes to the “cessation of business” event of default and adding a divestment-linked interest rate step-up mechanism for the 2026 NOK, 2028 NOK, 2029 NOK and 2030 euro notes, effective 22 December 2025. However, similar amendments for the 2026 and 2029 euro notes issued by Castellum AB and Castellum Helsinki Finance Holding Abp did not receive sufficient support, meaning those series will continue under their existing terms, leaving Castellum with a mixed outcome in its effort to standardise and recalibrate covenants and pricing triggers across its bond portfolio.
The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK120.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.
More about Castellum AB
Castellum AB is a Nordic real estate company that finances its operations in part through the issuance of euro and Norwegian krone-denominated bonds under its EMTN (Euro Medium Term Note) programme. The group also uses a financing vehicle, Castellum Helsinki Finance Holding Abp, for certain euro notes, reflecting its presence and funding needs in both the Swedish and broader Nordic property markets.
YTD Price Performance: -12.05%
Average Trading Volume: 1,148,159
Technical Sentiment Signal: Sell
Current Market Cap: SEK49.57B
See more insights into CAST stock on TipRanks’ Stock Analysis page.