Hemsö and NIB sign new loan agreement
- Non-regulatory informationHemsö and the Nordic Investment Bank (NIB) have signed a twelve-year unsecured loan agreement of SEK 700 million. The financing is for, among other things, a municipal school in Ljungskile, north of Gothenburg, as well as a municipal school in Helsinki.
The financing relates to the construction of two new municipal elementary schools as well as the development of buildings within the judicial system in northern Sweden. One of the elementary schools will accommodate 850 pupils and will be constructed in the Pasila district of Helsinki. The building will achieve A energy efficiency classification. The other school will be built in Ljungskile in Uddevalla municipality. In addition to educational facilities for 1,000 pupils, the property will also include a full-size sports hall and a smaller sports facility.
“NIB’s financing supports Hemsö’s continued investment in social infrastructure, which the public sector in Sweden, Finland and Germany has a strong need for. New school places in these growing municipalities benefit pupils and staff as well as society at large,” says Nils Styf, CEO of Hemsö.
“By supporting the development of modern schools and judicial facilities, we help ensure that communities in Sweden and Finland have the infrastructure they need and provide essential public services for decades to come,” says André Küüsvek, NIB President and CEO.
This is Hemsö’s and NIB’s third loan agreement. The first was entered into in 2018 and financed the construction of Patienten 1 in Solna, whose largest tenant is St. Erik Eye Hospital. The second was entered into in 2025 and finances the construction of municipal schools in Helsinki and Turku, as well as Borlänge’s new police station.
About NIB
NIB is an international financial institution owned by eight member countries. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating with the leading rating agencies Standard & Poor’s and Moody’s.
For more information, please contact:
Nils Styf, CEO +46 8-501 170 00
Rutger Källén, CFO and Deputy CEO +46 8-501 170 35