Hemsö increases committed credit facilities to SEK 13.5 billion

Hemsö has increased its credit facilities with SEK 2 billion, of which SEK 1 billion from Handelsbanken and SEK 1 billion increase of the subscription agreement from the Third Swedish National Pension Fund.  

Hemsö now has undrawn credit facilities and subscription agreements of SEK 13.5 billion, of which SEK 6 billion comes from Hemsö’s majority owner the Third Swedish National Pension Fund and SEK 7.5 billion comes from Nordic banks. 

‒ We are now strengthening financial flexibility, which enables us to act quickly in the event that new investment opportunities arise, while ensuring that we continue to have very good available liquidity. We are grateful for continued support from the Nordic banks and our majority owner, says Rutger Källén, Deputy CEO and CFO at Hemsö.

For more information, please contact:

Rutger Källén, Deputy CEO and CFO                                     +46 (0)8-501 170 35

Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 84.7 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.