Hoist Finance issues EUR 80 million Tier 2 debt under its EMTN programme

Hoist Kredit AB (publ) (Ba1 / Rating on review for upgrade) (the "Company"), a fully-owned subsidiary of Hoist Finance AB (publ), announces that it has issued new Tier 2 notes under its EMTN-programme, with issue date 19 May 2017, to further optimise its capital structure.

The new notes are due 19 May 2027 with a non-call period of 5 years and have a fixed coupon of 3.875%. The instrument will be listed on the Irish Stock Exchange.

“We are again very pleased with the terms for a new issue of notes, which indeed confirms investors’ positive view of Hoist Finance’s solid financial position and growth opportunities. This transaction, together with the tender of the 2023 SEK Tier 2 notes, further streamlines the capital structure and strengthens our capital ratio, and certainly increases our growth capacity going forward”, says Magnus Linnersand, Group Head of Treasury.

Deutsche Bank and Nordea Markets have acted as financial advisers in the new issue.

For further information, please contact:

Magnus Linnersand, Group Head of Treasury

Telephone: +46 (0)8 555 177 72

Michel Jonson, Group Head of Investor Relations

Telephone: +46 (0)8 555 177 19

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.



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