Heimstaden Bostad Issues Senior Unsecured Bonds for NOK 1,800 million
Heimstaden Bostad AB has successfully issued three NOK-denominated senior unsecured bonds.
| Amount (NOK) | Maturity | Floating rate |
| 200 million | 3 years | NIBOR + 75 bps |
| 1,250 million | 5 years | NIBOR + 95 bps |
| 350 million | 7 years | NIBOR + 115 bps |
The proceeds from the issuances will be used for the refinancing of outstanding bonds and for general corporate purposes. Settlement will occur on April 22 and all three bonds will be listed on Oslo Børs. The listing particulars, once available, will be made available on Oslo Børs and www.heimstadenbostad.com.
DNB Markets and Nordea acted as Joint Lead Managers for the bond issuances.
Contact:
Arve Regland, CFO
+47 47 90 77 00
arve.regland@heimstaden.com
Adam Lindh, Head of Finance
+46 708 83 96 74
adam.lindh@heimstaden.com
About Heimstaden Bostad
Heimstaden Bostad is a leading residential real estate company in Europe, which 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 110,000 homes with a property value of SEK 170 billion. Our head office is in Malmö. Read more at www.heimstadenbostad.com