SBB’s fall from grace

Samhallsbyggnadsbolaget (SBB) has had a tough couple of months, after losing its investment grade rating and with some bondholders now arguing the company has breached a key covenant under its bond documentation.For this week’s episode of Cloud9fin, Bianca Boorer sits down with Hazik Siddiqui and David Orbay-Graves to look into the Swedish real estate firm’s recent accounting revisions, ways it can address its bloated capital structure and thoughts on recoveries.