Press Release Details

Heimstaden AB considers issuance of hybrid bonds


Heimstaden AB (publ) (the “Company” or “Heimstaden”) has mandated Nordea and Swedbank as joint bookrunners to arrange investor meetings to investigate the possibility to issue hybrid bonds under the Company’s existing hybrid bond loan (ISIN SE0012455111). The hybrid bond loan has an outstanding amount of SEK 2,000,000,000, a framework amount of SEK 5,000,000,000 and a perpetual maturity with a Company’s first call date in approximately 5 years. Proceeds from the contemplated issue are to be used for general corporate purposes [including acquisitions within both Heimstaden and Heimstaden Bostad as well as their subsidiaries]. A series of fixed income investor meetings will take place, starting on 2 September 2019, after which an issue may follow, subject to market conditions. 

For further information, please contact:

Magnus Nordholm, CEO Fredensborg AS and acting CFO Heimstaden AB              +46 705-29 31 44

Adam Lindh, Head of Finance                                                                                     +46 708 83 96 74