NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.

Heimstaden AB (publ) (the “Company” or “Heimstaden”) has mandated DNB, Nordea and Swedbank as joint bookrunners to arrange investor meetings to investigate the possibility to issue new SEK senior unsecured bonds(the "New Bonds"). Subject to market conditions, a transaction will follow.

In connection with the issue of the New Bonds, Heimstaden is offering holders of the Issuer’s outstanding senior unsecured floating rate bonds maturing on 16 September 2019 with ISIN SE0006259669 and outstanding amount of SEK 1,250,000,000 (the “Bonds”) to tender up to SEK 1,250,000,000 for purchase by the Issuer for cash (the “Tender Offer”) at a price of 100.20% of the nominal amount. Bonds will be repurchased subject to the terms and conditions described in a tender information document dated 13 May 2019.

The tender information document can be found in the following link: https://ir.heimstaden.com/en/bonds.

The Tender Offer expires at 12:00 CET on 23 May 2019, unless extended, re-opened, withdrawn or terminated at the sole discretion of the Issuer. Settlement of the Tender Offer is expected to occur at or around 31 May 2019. The Issuer’s repurchase of Bonds is conditional upon a successful issue of the New Bonds.

Conditional upon the consummation of an issue of the New Bonds, Heimstaden intends to exercise its right to make a voluntary early redemption of the Bonds not being tendered in the Tender Offer, in accordance with the terms & conditions in respect of the Bonds dated 10 September 2014. The Bonds will in an early redemption event be redeemed at a price equal to 100.00 per cent. of the nominal amount (plus accrued and unpaid interest).

The Company has mandated DNB, Nordea and Swedbank as to act as dealer managers and joint bookrunners in connection with the issue of New Bonds and the Tender Offer and Gernandt & Danielsson has been appointed as legal counsel.

Attachment: Tender information document. 

Dealer managers and joint bookrunners:

DNB Markets a part of DNB Bank ASA, Sweden Branch: +47 23 26 80 99, bond.syndicate@dnb.no
Nordea Bank Abp: +46 720 83 55 05, NordeaLiabilityManagement@nordea.com 

Swedbank AB (publ): +46 8 700 90 22, Syndicate@swedbank.se 

For further information, please contact: 

Ingvor Sundbom, CFO                    +46 705 85 99 56                    ingvor.sundbom@heimstaden.com 

Adam Lindh, Head of Finance        +46 708 83 96 74                     adam.lindh@heimstaden.com

This information is information that Heimstaden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation). The information was submitted for publication, through the agency of the contact person set out above on 13 May 2019, at 13:00 CET.