Heimstaden Bostad Issues Senior Unsecured Bonds for NOK 1,800 million
Heimstaden Bostad AB has successfully issued three NOK-denominated senior unsecured bonds. +-------------+--------+---------------+|Amount (NOK) |Maturity| Floating rate |+-------------+--------+---------------+| 200 million |3 years |NIBOR + 75 bps |+-------------+--------+---------------+|1,250 million|5 years |NIBOR + 95 bps |+-------------+--------+---------------+| 350 million |7 years |NIBOR + 115 bps|+-------------+--------+---------------+ The proceeds from the issuances will be used for the refinancing of outstanding bonds and for general corporate purposes.