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Hoist Finance has issued bonds for a total amount of SEK 1,000 million

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Hoist Finance AB (publ) (Baa3/neg outlook) has issued three senior unsecured bonds for a total amount of SEK 1,000m.

  • The first bond amounts to SEK 250m and has a tenor of 2.0 years and a floating rate interest of STIBOR 3m + 450 bps.
  • The second bond amounts to SEK 250m, has a tenor of 2.0 years and a fixed rate interest of 8.250%.
  • The last bond amounts to SEK 500m and has a tenor of 3.0 years and a floating rate interest of STIBOR 3m + 500 bps.

The proceeds will be used for general corporate purposes. These new issues are a re-entry to the SEK bond market for Hoist Finance. The instrument will be listed on the Irish Stock Exchange plc’s Regulated Market regulated by Euronext Dublin. The bonds are expected to be rated Baa3 by Moody’s.

For more information, please contact:
Ingrid Östhols, Head of Communications & Investor Relations
Telephone: +46 (0) 72 506 1423
E-mail: ir@hoistfinance.com

About Hoist Finance
Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, we have focused exclusively on investing in and managing debt portfolios. We are a partner to international banks and financial institutions across Europe, acquiring non-performing credit portfolios. We are also a partner to private individuals and SME companies in a debt situation, creating long-term sustainable instalment plans enabling them to convert non-performing debt to performing debt. We are present on 13 markets across Europe and our shares are listed on Nasdaq Stockholm. For more information, please visit hoistfinance.com. 

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