Hoist Finance AB (publ) issues EUR250 million senior notes and announces final results of tender offer
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
Hoist Finance AB (publ) (Baa3/stable) (the “Company”), today announces issuance of new EUR 250m 4.5-year senior unsecured notes at m/s+250bp under its EMTN-programme (ISIN XS1884813293). This transaction followed the successful completion of European investor meetings. Settlement date is 28 September 2018.
The Company also announces the final results of its invitation to holders to tender their outstanding EUR 300m Senior Unsecured 3.125% fixed rate notes due 2019 (ISIN XS1424841374). EUR 185,838,000 was repurchased, subject to the terms and conditions described in the tender offer memorandum dated 12 September 2018. Settlement date is 27 September 2018.
The full stock exchange release for the tender offer can be found in the following link: http://www.ise.ie/app/announcementDetails.aspx?ID=13788370
Citi, Deutsche Bank and Nordea acted as Joint Bookrunners in respect of the issuance of the New Notes. Nordea acted as Offeror, andCiti and Nordea acted as Dealer Managers on the tender offer.
Joint Bookrunners:
Citigroup Global Markets Limited
Deutsche Bank AG, London Branch
Nordea Bank AB (publ)
Offeror:
Nordea Bank AB (publ) (Telephone: +45 61 61 29 96; Attention: Nordea Liability Management; Email: NordeaLiabilityManagement@nordea.com / bibi.larsen@nordea.com)
Dealer managers:
Citigroup Global Markets Limited (Telephone: +44 20 7986 8969; Attention: Liability Management Group; Email: liabilitymanagement.europe@citi.com)
Nordea Bank AB (publ) (Telephone: +45 61 61 29 96; Attention: Nordea Liability Management; Email: NordeaLiabilityManagement@nordea.com / bibi.larsen@nordea.com)
For further information, please contact:
Magnus Linnersand, Group Head of Treasury
Telephone: +46 (0)8 555 177 72
Michel Fischier, Group Head of Investor Relations
Telephone: +46 (0)8 555 177 19
This information is information that Hoist Finance AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 18.00 CET on September 24, 2018
About Hoist Finance
Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.
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