Hoist Finance issues EUR 80 million Tier 2 capital
Hoist Finance AB (publ) (Baa3/neg outlook), ("Hoist Finance"), today announces that it has issued EUR 80 million Tier 2 capital to further optimise its capital structure. The instrument has a coupon of 6.625 per cent payable annually and a maturity of 10.25 years, including a 3 month optional redemption period commencing from year 5. The instrument will be listed on the Irish Stock Exchange plc’s Regulated Market regulated by Euronext Dublin. The notes are expected to be rated Ba3 by Moody’s. For more information, please contact:Ingrid Östhols, Head of Communications & Investor