Hemsö’s shareholders make an additional equity injection of SEK 1.0 billion

Hemsö’s shareholders have decided to make an additional equity injection of SEK 1.0 billion to strengthen the capital structure and to finance Hemsö’s investments in new sustainable schools and nursing homes. The capital will be injected during the first quarter of 2024.

“A stronger capital structure and liquidity position enables Hemsö to continue to support the public sector in times of growing need for new social infrastructure. With this capital injection Hemsö’s owners have since 2019 provided equity of SEK 5.0 billion which has enabled investments in mainly new development of schools and nursing homes,” says Rutger Källén, Deputy CEO and CFO, at Hemsö.
 

For more information, please contact:

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

This information is information that Hemsö Fastighets AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 24 October 2023.

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 84,4 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.