Hoist Finance AB (publ) issues EUR 200 million notes and announces final results of tender offer

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Hoist Finance AB (publ) (Baa3/negative) (the “Company”), today announces issuance of new EUR 200m 4-year fixed rate notes at m/s+386.1bp (the “New Notes”) under its EUR 1,000,000,000 EMTN-programme (ISIN XS2263659158). This transaction followed the successful completion of European investor meetings. Settlement date for the transaction is on 27 November 2020.

The Company also announces the final results of its invitation to holders to tender their outstanding EUR 250m 1.125% notes due 2021 (ISIN XS1692378323). Notes with a total nominal amount of EUR 102,149,000 were repurchased, subject to the terms and conditions described in the tender offer memorandum dated 11 November 2020. Settlement date for the repurchase is on 27 November 2020.

The full stock exchange release for the tender offer can be found in the following link: https://direct.euronext.com/announcementRNSDownload.aspx?rnsId=1a389bc2-a585-40ac-98cf-fbce0b3b2315&rnsUrl=http://PPDXTSHF03001v.oad.exch.int:8090/_layouts/15/ExStream/CrmDocumentsView.aspx?folderURL=/sites/Market_Services/AnnouncementJobs/e136b87e-8229-eb11-80e6-005056bef332&isDlg=1

Citi, Deutsche Bank and Nordea acted as Joint Bookrunners in respect of the issuance of the New Notes. Citi and Nordea acted as Dealer Managers on the tender offer.

Joint Bookrunners:

Citigroup Global Markets Limited

Deutsche Bank AG, London Branch

Nordea Bank Abp (publ)

Dealer Managers:

Citigroup Global Markets Limited (Telephone: +44 20 7986 8969; Attention: Liability Management Group; Email: liabilitymanagement.europe@citi.com)

Nordea Bank Abp (Telephone: +45 55 46 90 82 / +45 55 47 58 95; Attention: Nordea Liability Management; Email: NordeaLiabilityManagement@nordea.com)

For more information, please contact:

Mathias Zetterqvist, Group Head of Treasury
Telephone: +46 (0)8 555 177 72

Andreas Lindblom, Head of Investor Relations
Telephone: +46 (0) 72 506 14 22

The information above is information that Hoist Finance AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (Sw. EU:s marknadsmissbruksförordning). The information was submitted for publication, through the agency of the contact person set out above, at 17:00 CET on 18 November, 2020.

About Hoist Finance
Hoist Finance is a trusted debt resolution partner to individuals, companies and banks in eleven European countries. With over 1700 dedicated colleagues, smart digital solutions and a deep understanding of individual financial circumstances, we help over six million customers keep their commitments. This is achieved by agreeing on sustainable repayment plans so that everyone is included within the financial ecosystem. Hoist Finance has a diverse portfolio of asset classes and our online savings platform in Sweden and Germany enables our unique funding model. Hoist Finance was founded in 1994 and is today a public company listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com.  

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