Heimstaden issues SEK 500m perpetual hybrid bond

Heimstaden AB (publ) yesterday successfully issued SEK 500 million subsequent subordinated perpetual hybrid bond under its outstanding SEK 4,000 million hybrid bond (ISIN SE0012455111), raising the total outstanding amount to SEK 4,500 million under a framework amount of SEK 5,000 million.

The new hybrid bond was issued at a price of 101.750% of nominal value, which corresponds to a floating interest rate of STIBOR three months plus 532 bps to first call date, 11 October 2024.

An application will be made for the bond to be listed on the corporate bond list of Nasdaq Stockholm.

Nordea acted as Sole Bookrunner for the transaction.

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, which buys, develops and manages homes. Through our values Care, Dare and Share, we create value for owners and Friendly Homes for customers. We own about 114,000 homes with a property value of SEK 180 billion. Our head office is in Malmö. Read more at www.heimstaden.com

Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83 00 and certifiedadviser@penser.se.

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