Hoist Finance considers issuance of new AT1 debt
Hoist Finance AB (publ) (Baa3/stable) (the “Company”) today announces that it is considering issuing new subordinated euro-denominated additional tier 1 notes (AT1) in an amount of up to EUR 40m, subject to market conditions. The Company has mandated Nordea to arrange investor meetings in respect of the contemplated issuance of the new notes. The issuance of new notes is expected to take place during June 2018.
For further information, please contact:
Magnus Linnersand, Group Head of Treasury
Telephone: +46 (0)8 555 177 72
Michel Jonson, Group Head of Investor Relations
Telephone: +46 (0)8 555 177 19
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.