PARETO ADVISES HOIST GROUP ON THE SUCCESSFUL PLACEMENT OF A SEK 500 MILLION SENIOR SECURED BOND

Pareto Securities AB has advised Hoist Group Holding Intressenter AB (publ)[1] (together with its subsidiaries, “Hoist Group”), EMEA’s leading technology partner to the hospitality industry, on placing a senior secured bond of SEK 500 million within a framework of SEK 1,000 million (the “Bonds”). The Bonds, maturing in June 2021, will bear a floating rate coupon of 3 month Stibor + 5.00 per cent, with interest paid quarterly in arrears. The proceeds from the transaction will be used to refinance existing bank debt and shareholder loans and to support the continued development of the business. The Bonds contain a portability feature to allow for a change of ownership without triggering a change of control event.

The transaction was well received by the market, with participation primarily from Nordic institutional accounts coupled with additional demand from continental Europe. Altogether, more than 40 investors participated in the oversubscribed bond issue.

Pareto Securities AB acted as Coordinator & Joint Bookrunner in connection with the bond issue.

For more information please contact:

Mats Carlsson, CEO, at +46 8 402 52 86

Markus Wirenhammar, Head of Debt Capital Markets, at +46 8 402 51 86 or mw@paretosec.com

Hoist Group is the complete hospitality partner for hotels, healthcare institutions and public operations. With more than 20 years of proven hospitality experience, Hoist Group is the market leader in innovative High Speed Internet Access, Conference services, TV & Content solutions, PMS and back-office software as well as other guest-facing amenities. Many hotel chains, flagship independent hotels and public hospitals have entrusted their IT to Hoist Group. Based in Sweden, the company has offices in a total of 18 countries in the EMEA region.

                              


[1] Pending change of name from Goldcup 13961 AB (publ).

Pareto Securities AB is part of the Pareto Securities group. Pareto Securities is an independent investment bank focused on the Nordic market. Pareto Securities offers Nordic and non-Nordic institutions, companies and private individuals investment services related to trading in stocks, derivatives and fixed income instruments, equity research and advisory services within corporate finance. The Pareto Securities group has a total of more than 400 employees, with its headquarters in Oslo and offices in Sweden (Stockholm and Malmö), Norway, Denmark, Finland, United Kingdom, France, USA, Canada, Singapore and Australia.

About Us

Pareto Securities is an independent full service investment bank with a leading position in the Nordic capital markets and a strong international presence within the energy sector. Pareto Securities AB offers Swedish and foreign institutions, companies and private individuals investment services related to trading in stocks, shares in SPV’s and fixed income instruments, wide coverage both within equity- and credit research. Furthermore, Pareto Securities corporate finance offers ECM, M&A and DCM services as well as arrangement and syndication of new investment projects, arrangement and syndication of sale and leaseback structures within real estate, infrastructure and shipping/offshore. Pareto Securities AB is part of the Pareto Securities group and is headquartered in Oslo, Norway, with more than 500 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, France, Germany, Switzerland, USA, Singapore and Australia.

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