Heimstaden Bostad issues EUR bond under existing EMTN program
Heimstaden Bostad has on January 14th issued a EUR bond under its existing EMTN program. The notional amount of the bond was EUR 500 million with a maturity of 6 years and a coupon of 1.125%. The proceeds will be used for general corporate purposes. “We are very pleased with the continued support of Heimstaden Bostad in the capital market illustrated by the close to EUR 2.5bn of demand for the transaction from more than 200 existing and new investors. Furthermore, the significant interest for the transaction shows strong support for the execution of Heimstaden Bostad’s growth strategy”,