Heimstaden participates in directed share issue by Heimstaden Bostad AB
Heimstaden today committed to participate in a SEK 4 billion directed new share issue by Heimstaden Bostad AB. Heimstaden will subscribe for a total consideration of SEK 1.5 billion. Other participants in the share issue include existing institutional investors in Heimstaden Bostad AB; Alecta, Ericsson and Folksam Group. The issue will be completed on 12 January 2021. The new equity will contribute to strengthen Heimstaden Bostad’s financial position and support the company’s strategy for continued operational improvement and responsible growth throughout attractive European markets.