At the request of SSM Holding AB (publ) (”SSM”) the agent summoned to a meeting with the bondholders by way of procedure in writing in order to resolve of amendment of the project undertaking in the bond terms. The procedure has now expired and SSM has obtained the bondholders’ approval of amending the bond terms.

In cooperation with ByggVesta, NCC and Studentbacken, SSM Holding AB (publ), Sweden’s leading developer...

At the request of SSM Holding AB (publ) (”SSM”) the agent summons to a meeting with the bondholders by way of procedure in writing in order to resolve of amendment of the project undertaking in the bond terms. The purpose of the amendment is to enable SSM to start production of projects based on the aggregated sales rate of the entire project portfolio, which today is based on the individual project’s sales rate. Other bond terms is unchanged. At the end of the first quarter 2018, SSM’s sales rate in ongoing production amounted to 96.4 per cent.

SSM Holding AB (publ), Sweden’s leading developer of smart and affordable homes, is now starting production of the Group’s second rental unit project, Sollentuna Hills. The project comprises 94 homes with a separate balcony/French balcony or terrace in Väsjön, Sollentuna, a growing urban area close to nature. The first tenants are expected to move in during 2020. The project is being developed solely by SSM. The Group’s long-term goal is for 30 percent of all homes in production to be rental units.