SBB - comment

Whether the increase in short-term vs long-term debt was a simple error or a proofreading issue is a moot point. The banks may not be impressed with the mistake, but there is a much more fundamental issue in the SBB’s balance sheet. The company needs SEK20bn in cash from asset sales, and a rollover agreement with its banks, otherwise restructuring is inescapable, and maturity buckets take second place to the proceeds waterfall.

https://www.placera.se/placera/telegram/2023/08/08/samhallsbyggnadsbolaget-i-norden-sbb-andrade-i-balansrakning-utan-att-meddela-marknaden-kan-oka-lanebehovet-framover.html (Swedish)

Aengus McMahonSBB