Sweden’s embattled landlords get ray of hope with bond sales
After a year and a half of being all but frozen out, Sweden’s embattled property companies are starting to issue bonds again in a tentative sign that a financing crunch is beginning to ease.
By Anton Wilen and Charles Daly / Bloomberg
Commercial landlords in the biggest Nordic nation haven’t sold bonds in any major volume for 18 months as soaring interest rates and declining property valuations put debt capital markets out of reach for all but the highest rated borrowers.
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