Hoist Finance initiates road show with potential bond investors
Hoist Finance continues to evaluate opportunities to further diversify the funding base through other types of long-term financing, including senior unsecured EUR-denominated bonds, in order to accommodate the opportunities in the European debt purchase market as they arise.
Hoist Finance has mandated Danske Bank and SEB to arrange a series of bond investor meetings. A road show with potential bond investors is initiated, targeting volumes between 100-150 MEUR.
For further information
Jörgen Olsson, CEO Hoist Finance
Jane Niedra, IR Hoist Finance
Phone: +46 (0)8 55 51 77 90
Email: info@hoistfinance.com
About Hoist Finance
Hoist Finance is a trusted debt restructuring partner to global banks and financial institutions, offering a broad spectrum of advanced solutions for acquisition and management of non-performing unsecured consumer loans. The total carrying value of Hoist Finance’s acquired loans is approximately EUR 800 million.
Hoist Finance is a Pan-European debt purchase company with presence in eight European markets. Hoist Kredit AB (publ) is licensed and regulated by the Swedish Financial Supervisory Authority, and is funded by the internet-based savings deposit service HoistSpar in Sweden, with more than 60,000 accounts, and by senior and subordinated unsecured bonds of in total SEK 1.1 billion, listed on NASDAQ OMX.
The information above has been published pursuant to the Swedish Securities Markets Act (Sw. lag om värdepappersmarknaden).
This information was released for publication at 7.00 on 16 September 2014.