Feb 11, 2022 / 07:45AM GMT
Operator
Hello, and welcome to the conference call of the 2021 year-end report for Balder. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions)
I will now hand over to your host, CEO, Erik Selin, to begin today's call. Thank you.
Erik Selin - Fastighets AB Balder(publ)-CEO&Director
Thank you, and welcome, everybody, for this quarterly call for Q4 Balder.
During the Q4, we bought 43% in our -- one of our associated companies, Serena, from Varma, the other owner, so we now consolidate that. We also will propose a split of the shares to get a bit more attractive share price. Completion of apartments was 800 in Finland. And on ESG, we updated the rating from Sustainalytics. It's now 13.8, which is very well within the low-risk section of this rating. And also in the beginning of the year, we refinanced some of our outstanding debt. So for the remaining of '22, there is not much actually to refinance at all. So very stable financing situation.
Moving on to
Q4 2021 Fastighets AB Balder Earnings Call Transcript
Feb 11, 2022
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