Hoist Kredit AB (publ) intends to establish a EUR 750 million EMTN programme

Hoist Kredit AB (publ) (Ba2/pos) (“Hoist”), a wholly-owned subsidiary of Hoist Finance AB (publ), today announces that its intention to establish an EMTN programme.

The EMTN programme is a supplement to Hoist’s current financing structure and is a next step in Hoist's efforts to access a wider and deeper investor base through an active and long-term commitment to the capital markets. A first issue under the EMTN programme, with an amount up to EUR 250 million, is expected in May 2016. The offering circular will be published on the company’s website within short.

Danske Bank has been appointed Arranger of the EMTN-programme and Credit Suisse, Danske Bank and Nordea Markets have been appointed dealer managers. Mannheimer Swartling is acting as legal adviser to Hoist in relation to the establishment of the EMTN programme.

For further information, please contact:

Magnus Linnersand, Group Head of Treasury

Telefon: +46 (0)8 555 177 72

Michel Jonson, Group Head of Investor Relations

Telefon: +46 (0)8 555 177 19

About Hoist Finance

Hoist Finance is a leading debt restructuring partner to international banks and financial institutions, offering a broad spectrum of advanced solutions for acquisition and management of non-performing unsecured consumer loans. Hoist Finance operates through eleven in-house collection centers across Europe, complemented by local external debt servicing partners. The total carrying value of Hoist Finance’s acquired loans was approximately SEK 11.3 billion as per 31 December 2015. The parent company Hoist Finance AB (publ) is listed on Nasdaq Stockholm Mid-Cap list and its subsidiary Hoist Kredit AB (publ) is a regulated “Credit Market Company” under the supervision of the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). In Sweden, the company offers internet-based savings deposit services through HoistSpar, with around 85,000 accounts.


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