Hoist Finance has successfully issued AT1 bonds for a total amount of SEK 700 million

Hoist Finance AB (publ) (Baa3/neg outlook), ("Hoist"), has on May 16 successfully issued SEK 700m Additional Tier 1 capital to further optimise its capital structure. The instrument is perpetual with 3 months optional redemption period commencing after five years with a floating interest of STIBOR 3m + 1,000bps.

The instrument will be listed on Nasdaq Stockholm. The prospectus will be published under Hoist Finance’s Investors page when available.

“To be able to issue a new AT1 bond under these challenging market conditions is a real show of strength from Hoist Finance. This fortifies an already solid position and supports us in reaching our financial targets and delivering on our strategy going forward. We are grateful for the continued support and faith shown by our investors, particularly considering the recent market turmoil”, comments Harry Vranjes, CEO at Hoist Finance.

Joint Bookrunners:
Nordea Bank Abp
Skandinaviska Enskilda Banken AB (publ)

For further information, please contact:
Sofia Buhlin, Interim Chief Communications Officer
sofia.buhlin@hoistfinance.com
+46 708 98 24 29

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