The real estate company SBB's share is soaring on the Stockholm Stock Exchange after the company announced that the lender Fir Tree Credit Opportunity Master Fund has withdrawn a lawsuit that had been filed with a court in London.
The SBB share is rising by nearly 9 percent in early Monday trading, which means a price increase of 13 percent since the turn of the year.
The previous dispute with the lender in London concerned so-called EMTN bonds for 7.5 million euros that SBB used for financing in 2020-2021.
