Heimstaden AB considers issuance of hybrid bonds

Heimstaden AB (publ) (the “Company” or “Heimstaden”) has mandated Nordea and Swedbank as joint bookrunners to arrange investor meetings to investigate the possibility to issue hybrid bonds under the Company’s existing hybrid bond loan (ISIN SE0012455111). The hybrid bond loan has an outstanding amount of SEK 2,000,000,000, a framework amount of SEK 5,000,000,000 and a perpetual maturity with a Company’s first call date in approximately 5 years. Proceeds from the contemplated issue are to be used for general corporate purposes [including acquisitions within both Heimstaden and Heimstaden Bostad as well as their subsidiaries]. A series of fixed income investor meetings will take place, starting on 2 September 2019, after which an issue may follow, subject to market conditions. 

For further information, please contact:

Magnus Nordholm, CEO Fredensborg AS and acting CFO Heimstaden AB              +46 705-29 31 44  magnus.nordholm@fredensborg.no

Adam Lindh, Head of Finance                                                                                     +46 708 83 96 74       adam.lindh@heimstaden.com

Heimstaden AB (publ)

Östra Promenaden 7 A, 211 28 Malmö,

Organisationsnummer 556670-0455, Bolagets säte Malmö,

Telefon, växel 0770 – 111 050, www.heimstaden.com,

Heimstaden is a leading real estate company in Northern Europe, with a focus on acquiring, refining, developing and managing housing and premises. Through our values, care, innovation and authenticity, we create values for our owners and caring homes for our tenants. Heimstaden has about 40 680 apartments and a property value of approximately SEK 83 billion value. Heimstad's preference share is listed on Nasdaq First North Premier. The head office is located in Malmö. Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83 00 and certifiedadviser@penser.se. For more information, see www.heimstaden.com

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