Heimstaden Bostad Issues EUR 500m Floating Rate Notes
Heimstaden Bostad today successfully priced EUR 500 million floating rate notes under its EMTN programme. The notes have a maturity of two years with a call option at par after appr. one year and carry a floating rate to maturity of 3 months EURIBOR plus 55 bps. The issuance was completed through a club deal with European money market funds.The proceeds will be used to refinance the EUR 500 million floating rate notes due January 2023 which are scheduled to be redeemed on 21 January 2022 in accordance with the notice given by Heimstaden Bostad on 21 December 2021. An application will be