Hemfosa establishes commercial paper program

Hemfosa has established a commercial paper program with a limit of MSEK 2,000. In conjunction with this, the Company has issued MSEK 895 with terms of between three and twelve months. The reason for establishing the commercial paper program is to enable Hemfosa to diversify its sources of financing. To manage the refinancing risk associated with the program, the company will essentially utilize secured backup facilities. The arranger of the commercial paper program is Swedbank and the issuing institutions are Swedbank, SEB and Danske Bank.

For further information, please contact: 

Jens Engwall, CEO jens.engwall@hemfosa.se, mobile +46 70 690 65 50

Linda Eriksson, Head of Finance, linda.eriksson@hemfosa.se, mobile +46 72 166 24 28, office +46 8 448 04 80

About Hemfosa Fastigheter

Hemfosa is a Swedish property company focusing on community service properties in the Nordic region with its largest tenants being the Swedish state and municipalities. This provides stable cash flows and a healthy yield. In order to create value, Hemfosa also aims to actively participate in the transaction market. As per September 30, 2016, Hemfosa owned properties with a total property value of approximately SEK 36.7 billion, including the company’s share of the property value in joint ventures. Hemfosa’s common share has been listed since March 2014 and Hemfosa’s preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.

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