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 made for the notes to be listed on Euronext Dublin. The final terms, once published, will be made available on Euronext Dublin and www.heimstadenbostad.com.

Deutsche Bank acted as sole bookrunner for the issuance of notes.

Contact:
Adam Lindh, Head of Treasury
+46 70 883 96 74
adam.lindh@heimstaden.com

Arve Regland, CFO
+47 479 07 700
arve.regland@heimstaden.com

About Heimstaden Bostad
Heimstaden Bostad is a leading European residential real estate company that buys, develops, and manages homes. Through our values Care, Dare and Share, we create value for owners and Friendly Homes for customers. We own about 150,000 homes with a property value of SEK 290 billion. Read more at www.heimstadenbostad.com. 

This information is such information that Heimstaden Bostad AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the agency of the above contact persons, for publication on 5 January 2021 at 17:30 CET.