Heimstaden AB Announces the Results of the Tender Offer for its SEK Bonds
Heimstaden AB (“Heimstaden”) announces the results of the tender offer (the “Tender Offer”) to the eligible holders of Heimstaden’s outstanding senior unsecured floating rate bonds denominated in SEK as further set out in the below table.The purpose of the transaction is, among other things, to proactively improve Heimstaden’s liability composition and debt maturity profile, and it is fully financed with Heimstaden’s existing cash position. Bonds Repurchased nominal amountSEK 1,200 million Senior Unsecured SEK 338 750 000Floating Rate Bonds