Hoist Kredit AB (publ) issues EUR 250 million under EMTN programme

Hoist Kredit AB (publ) (Ba2/pos) (“Hoist”), a fully-owned subsidiary of Hoist Finance AB (publ), today announces that it has issued EUR 250m 3.5 year notes with a coupon of 3.125% under the newly established 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.

"We are very pleased with the outcome and the strong support we have received from numerous investors across Europe”, says Magnus Linnersand, Group Head of Treasury.

Danske Bank has acted as Arranger of the EMTN-programme and Credit Suisse, Danske Bank and Nordea have acted as dealer managers in the new issue. Mannheimer Swartling has acted 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

The information above has been published pursuant to the Swedish Securities Markets Act (Sw. lagen om värdepappersmarknaden) and/or the Swedish Financial Instruments Trading Act (Sw. lagen om handel med finansiella instrument). This information was released for publication at 08:00 (CET) on 26 May 2016.

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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