Heimstaden AB successfully issues EUR 350m senior unsecured bond
Heimstaden AB today successfully issued its inaugural euro-denominated senior unsecured bond for EUR 350 million with a maturity of 5 years and an annual fixed rate coupon of 4.250%. The issue attracted strong interest and the book peaked at more than two times the nominal amount.
The proceeds will be used for general corporate purposes and to participate in future equity issues in Heimstaden Bostad.
“The successful debut marks an important milestone for Heimstaden AB in the European capital markets. The issuance contributes to further diversifying our debt portfolio as well as significantly broadening our investor base,” said Arve Regland, CFO of Heimstaden AB.
An application will be made for the bond to be listed on Nasdaq Stockholm. The final listing particulars, once published, will be made available on www.heimstaden.com.
Arctic Securities, Morgan Stanley and Swedbank acted as Joint Bookrunners for the issue.
For more information, contact:
Arve Regland, CFO
+47 47 90 77 00
arve.regland@heimstaden.com
Adam Lindh, Head of Treasury
+46 708-83 96 74
adam.lindh@heimstaden.com
About Heimstaden
Heimstaden 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 has about 103,300 apartments and a property value of approximately SEK 144 billion. Heimstaden's preference share is listed on Nasdaq First North. 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, visit www.heimstaden.com
This information is such information that Heimstaden 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 26 February 2021 at 16:40 CET.
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