Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Sveafastigheter AB ( (SE:SVEAF) ) is now available.
Sveafastigheter AB has entered the public euro bond market with a debut EUR 300 million, five-year senior unsecured bond paying a 4.375% fixed coupon and maturing on 20 January 2031, issued under its EUR 2 billion EMTN programme and expected to be rated BBB- by Fitch and listed on Euronext Dublin. The transaction, arranged by Goldman Sachs Bank Europe SE, J.P. Morgan and Nordea, is intended to diversify Sveafastigheter’s funding base, extend its capital duration and support the continued growth of its rent-regulated residential portfolio in Sweden, with net proceeds earmarked for general corporate purposes, underscoring investor appetite for its regulated housing assets.
The most recent analyst rating on (SE:SVEAF) stock is a Hold with a SEK39.00 price target. To see the full list of analyst forecasts on Sveafastigheter AB stock, see the SE:SVEAF Stock Forecast page.
More about Sveafastigheter AB
Sveafastigheter AB is a Swedish real estate company that owns, manages and develops residential rental properties, focusing on rent-regulated apartments in growth regions across Sweden. The group emphasizes local presence and the development of new sustainable housing in areas with the greatest demand for homes.
Average Trading Volume: 453,692
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK8.11B
Find detailed analytics on SVEAF stock on TipRanks’ Stock Analysis page.