Hemfosa issues bonds of MSEK 750

Hemfosa today announces that it has issued senior unsecured bonds in the total amount of MSEK 750 under a framework amount of MSEK 1,000. The bonds have a tenor of three years and a floating interest rate of three-months STIBOR plus 2.8%, which corresponds to an initial coupon of about 2.2%. The bond generated strong investor interest and the issue was oversubscribed.

The proceeds will be used for general corporate purposes and Hemfosa intends to list the bonds on Nasdaq Stockholm.

- We are very pleased of the great interest, and that the issue has been so well received by the market, which shows strong confidence in Hemfosa. The proceeds will enhance the company's financial strength for the future, and we will come back with further bond issues in 2017, says Linda Eriksson, Head of Finance of Hemfosa.

Nordea Bank AB (publ) and Swedbank AB (publ) have been financial advisors and Joint Bookrunners, and Roschier Advokatbyrå AB has been legal advisor, in the bond issue.

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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