Heimstaden AB considers issuance of hybrid bonds
Heimstaden AB (publ) (the “Company” or “Heimstaden”) has mandated Nordea and Swedbank as joint bookrunners to arrange investor meetings to investigate the possibility to issue hybrid bonds under the Company’s existing hybrid bond loan (ISIN SE0012455111). The hybrid bond loan has an outstanding amount of SEK 2,000,000,000, a framework amount of SEK 5,000,000,000 and a perpetual maturity with a Company’s first call date in approximately 5 years. Proceeds from the contemplated issue are to be used for general corporate purposes [including acquisitions within both Heimstaden and Heimstaden