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 3,000,000,000, a framework amount of SEK 5,000,000,000 and a perpetual maturity with a Company’s first call date in approximately 4.5 years. Proceeds from the contemplated issue are to be used for general corporate purposes. A series of fixed income investor meetings will take place, starting on 4 February 2020, after which an issue may follow, subject to market conditions.
For further information, please contact:
Arve Regland, CFO +47 479 07 700 arve.regland@fredensborg.no
Adam Lindh, Head of Finance +46 708 83 96 74 adam.lindh@heimstaden.com