Heimstaden Bostad successfully prices EUR 500 million senior unsecured bond

Heimstaden Bostad AB yesterday successfully priced a EUR 500 million senior unsecured bond under its EMTN programme. The bond has maturity of two years with a call option at par after approx. one year and carries a floating rate 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 for general corporate purposes and repayment of secured bank financing.

An application will be made for the bond to be listed on Euronext Dublin. The final listing particulars, once published, will be made available on Euronext Dublin and www.heimstadenbostad.com.

Deutsche Bank acted as sole bookrunner for the bond issue.

For more information, please contact:
Arve Regland, CFO
+47 47 90 77 00
arve.regland@fredensborg.no

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, with a focus on acquiring, developing and managing housing and premises. Through our values Care, Dare and Share, we create value for our owners and friendly homes for our customers. Heimstaden Bostad has about 100,900 apartments and a property value of approximately SEK 139 billion. The head office is located in Malmö, Sweden. For more information, visit www.heimstadenbostad.com. 

This information is such 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 8 January 2020 at 08:00 CET.