Anton Wilen

Sep 9, 2024 | bloomberg.com | Anton Wilen |Rafaela Lindeberg

Swedish pension fund Alecta rejected most of the initial findings made by the country’s financial regulator in its probes over $3.2 billion in losses resulting from investment missteps. The pension company is under investigation for its investments in three failed niche banks in the US, including Silicon Valley Bank, as well as a bet in Swedish property firm Heimstaden Bostad AB.

Sep 9, 2024 | finance.yahoo.com | Anton Wilen |Rafaela Lindeberg

(Bloomberg) -- Swedish pension fund Alecta rejected most of the initial findings made by the country’s financial regulator in its probes over $3.2 billion in losses resulting from investment missteps.

Aug 16, 2024 | bnnbloomberg.ca | Charles Daly |Anton Wilen

(Bloomberg) -- Landlord Heimstaden Bostad AB sold 2.8 billion Swedish kronor ($266 million) worth of apartments in the first six months of this year, about 428 million kronor ahead of schedule, while racing to avert a downgrade of its credit rating to junk levels.

Aug 16, 2024 | bloomberg.com | Charles Daly |Anton Wilen

Landlord Heimstaden Bostad AB sold 2.8 billion Swedish kronor ($266 million) worth of apartments in the first six months of this year, about 428 million kronor ahead of schedule, while racing to avert a downgrade of its credit rating to junk levels. Taking the 363 units sold in the second quarter into account, the residential property owner has now divested apartments totaling 4 billion kronor as part of a 20-billion-kronor asset disposal program, according to its most recent earnings report.

Feb 27, 2024 | bloomberg.com | Anton Wilen

Heimstaden Bostad AB has decided to pause payouts to protect its credit rating from further downgrades after S&P Global Ratings lowered its rating at the end of 2023. The landlord, which is one of Europe’s largest with more than 160,000 homes, won’t pay dividends for any of its share classes, it said in its full-year report. The decision “shows our firm commitment to support our credit profile and dedication to our Investment Grade rating,” Deputy CEO Christian Fladeland said in the report.