SBB’s €500m hybrid offers yield-starved investors respite

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SBB’s €500m hybrid offers yield-starved investors respite

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Location Sweden. Red pin on the map. | Zerophoto/Zerophoto - Fotolia

Samhällsbyggnadsbolaget i Norden (SBB), the Swedish social infrastructure and residential property investment company, launched a hybrid capital bond on Thursday, offering investors the chance to pick up junk rated paper from an investment grade issuer.

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