Hoist Finance has successfully issued AT1 bonds for a total amount of SEK 700 million
Hoist Finance AB (publ) (Baa3/neg outlook), ("Hoist"), has on May 16 successfully issued SEK 700m Additional Tier 1 capital to further optimise its capital structure. The instrument is perpetual with 3 months optional redemption period commencing after five years with a floating interest of STIBOR 3m + 1,000bps. The instrument will be listed on Nasdaq Stockholm. The prospectus will be published under Hoist Finance’s Investors page when available. “To be able to issue a new AT1 bond under these challenging market conditions is a real show of strength from Hoist Finance. This fortifies