Heimstaden Bostad Secures a New Seven-Year EUR 725 Million Loan

Heimstaden Bostad, through its subsidiary Heimstaden Holding 1 B.V., successfully refinances part of its portfolio in the Netherlands through a new sustainability-linked secured credit facility with maturity in 2031.

The EUR 725 million financing replaces an existing secured bank loan with maturity in 2026 and brings in net new proceeds of EUR 200 million. The new facility will benefit the maturity profile as well as the overall cash position of Heimstaden Bostad. Net proceeds will be used for liability management.

The financing is arranged by ING Bank N.V. and Natixis Pfandbriefbank AG as part of a consortium of banks, asset managers, and insurance companies.

Contact: 

Frederik Berling, Media
+45 21 30 94 89, media@heimstaden.com

Cody Nelson, Investor Relations
+47 948 94 196, ir@heimstaden.com
 

Heimstaden Bostad:

Heimstaden Bostad is a leading European residential real estate company with around 162,000 homes across nine countries with a property value of SEK 331 billion. We acquire, develop, and manage properties with an evergreen perspective. Guided by our Scandinavian heritage and values Dare, Care, and Share – our about 2,000 colleagues fulfil our mission to enrich and simplify our customers’ lives through Friendly Homes. 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 1 August 2024 at 1730 CET.