Hoist Finance issues EUR 40 million Additional Tier 1 capital

Hoist Finance AB (publ) (Baa3/stable), ("Hoist Finance"), today announces that it has issued Additional Tier 1 capital to further optimise its capital structure.

The instrument is perpetual with a non-call period of 5.25 years with a fixed coupon of 8.0 per cent. The instrument will be listed on the Global Exchange Market regulated by the Irish Stock Exchange.

“We are very pleased with the terms for the new issue. This transaction demonstrates our investors’ positive view of our solid financial position and growth opportunities going forward.” says Magnus Linnersand, Group Head of Treasury.

Nordea acted as sole structuring advisor and book runner on the transaction.

For further information, please contact:

Magnus Linnersand, Group Head of Treasury
Phone: +46 (0)8 555 177 72

Michel Fischier, Group Head of Investor Relations
Phone: +46 (0)8 555 177 19

This information is information that Hoist Finance AB (publ) is obliged to make public pursuant to EU Market Abuse Regulation (Sw. EU:s marknadsmissbruksförordning). The information was submitted for publication, through the agency of the contact persons set out above, at 16:05 CET on 30 May 2018. 

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.

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