Heimstaden has successfully issued SEK 1,000 million perpetual bonds
Heimstaden AB (publ) (”Heimstaden” or ”the Company”) issues Hybrid bonds in the amount of SEK 1,000 million in the Nordic capital markets.
Heimstaden has successfully issued Hybrid bonds in the amount of SEK 1,000 million under the Company’s Hybrid bond loan (ISIN SE0012455111), which means that the total outstanding volume is SEK 3,000,000,000 under a framework amount of SEK 5,000,000,000. The new Hybrid bonds were issued at a price of 102% of the nominal amount, corresponding to a floating interest rate of three months STIBOR + 545 basis points to first call date. The Hybrid bonds have a perpetual maturity with a first call date in approximately 5 years.
Heimstaden intends to apply for listing of the Hybrid bonds on the corporate bond list of Nasdaq Stockholm.
Nordea and Swedbank have acted as Joint Bookrunners and Gernandt & Danielsson Advokatbyrå has acted as legal counsel in connection with the subsequent bond issue.
For further information, please contact:
Magnus Nordholm, CEO Fredensborg AS and acting CFO Heimstaden +46 705 29 31 44 email@example.com
Adam Lindh, Head of Finance +46 708 83 96 74 firstname.lastname@example.org
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 50 890 apartments and a property value of approximately SEK 104 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 email@example.com. For more information, see www.heimstaden.com