Hoist Finance issues EUR 80 million Tier 2 capital

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Hoist Finance AB (publ) (Baa3/neg outlook), ("Hoist Finance"), today announces that it has issued EUR 80 million Tier 2 capital to further optimise its capital structure. The instrument has a coupon of 6.625 per cent payable annually and a maturity of 10.25 years, including a 3 month optional redemption period commencing from year 5. The instrument will be listed on the Irish Stock Exchange plc’s Regulated Market regulated by Euronext Dublin. The notes are expected to be rated Ba3 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 a trusted debt resolution partner to individuals, companies and banks in eleven European countries. With almost 1,500 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, Germany and UK 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.