SBB WKN: A2E40N ISIN: SE0009554454 Kürzel: 0AAS Forum: Aktien User: Wolf_of_Sweden

Hedgefonds wittern Blut. Fir Tree behauptet die SBB hat ihre Kreditbedingungen verletzt. https://www.di.se/nyheter/hedgefonden-som-vadrar-blod-i-sbb/

Swedish property giants write down billions as prices crash https://www.reuters.com/markets/europe/swedish-property-giants-write-down-billions-prices-crash-2024-02-27/

Der angeschlagene schwedische Immobilienkonzern SBB hat keine Pläne, eine Dividende zu zahlen, bis das Unternehmen in besserer Verfassung ist https://de.marketscreener.com/kurs/aktie/HE-GROUP-164990281/news/Schwedischer-Immobilienkonzern-SBB-weckt-Zweifel-an-aufgeschobener-Dividende-46040695/

Earnings Call des Grauens bei diesem Dividendenbetrug

Sweden's real estate sector braces for more challenges as interest rates rise, with significant impacts expected on funding costs and financial strain. https://wallstreet-now.com/en/articles/2024/02/13/swedens-real-estate-market-faces-challenges-amid-interest-rate-surge

Oscar Properties ist in Stockholm pleite gegangen

Was ist los heute?

Endgame?

Mal sehen wie lange das Spiel noch weiter gehen kann

Anleihengläubiger klagt https://www.reuters.com/business/swedens-sbb-faces-legal-proceedings-bondholder-2024-02-06/

Large owners want to replace the entire board of SBS Norden https://nordicpropertynews.com/article/9185/large-owners-want-to-replace-the-entire-board-of-sbs-norden

Refinancing challenges loom for Europe’s commercial real estate: Investor confidence has improved but a shake-out of distressed owners is still in its infancy: In northern Europe debt levels look stretched. Germany's Aroundtown and Sweden's Castellum, SBB and Pandox are some of the owners https://www.ft.com/content/b798f80e-5d9d-4577-a234-dc3e98fe0b23

Fitch: German and Swedish bank asset quality to face more pain, says Fitch https://reactnews.com/article/german-and-swedish-bank-asset-quality-to-face-more-pain-says-fitch/

Under the hybrids’ T&Cs, such an “optional interest deferral” is not an event of default. Under Fitch’s criteria, an activation of a cumulative deferral by itself is not automatically deemed to be non-performance. Fitch considers the instrument non-performing if the deferral period is expected to exceed six months or one due payment in the case of an annual interest payment instrument... if the hybrid interest deferral will continue, Fitch cannot reliably forecast non-performance. However, the existing subordinated ‘CCC-’ rating of SBB’s hybrids already reflects 0% “RR6” recovery estimates and severe loss absorption. https://www.fitchratings.com/research/corporate-finance/sbbs-announced-hybrid-interest-deferral-aids-liquidity-ratings-unaffected-03-01-2024

Nordic Property Transaction Volumes Slump to Lowest in a Decade https://globalinsolvency.com/headlines/nordic-property-transaction-volumes-slump-lowest-decade

Swedish Landlord Oscar Properties Hit With Bankruptcy Claim https://globalinsolvency.com/headlines/swedish-landlord-oscar-properties-hit-bankruptcy-claim