Below is an overview of Heimstaden’s outstanding seniour unsecured and subordinated perpetual hybrid bonds listed on Nasdaq Stockholm and Euronext Dublin.
For information on Heimstaden Bostad’s outstanding debt, visit Heimstaden Bostad’s website
Further to the press release dated 6 October 2023 and the communicated strategy to continue the deleveraging of Heimstaden, the company may occasionally seek to repurchase outstanding senior debt through open market purchases, privately negotiated transactions, tender offers, exchange offers or otherwise. Such repurchases, if any, will depend on market conditions, liquidity requirements, contractual restrictions and other factors.
Senior Unsecured Bonds
Hybrid Bonds
Euro Medium-Term Note Programme
| Issuer | Heimstaden AB (publ) |
| Latest updated base prospectus | 23 December 2024 (valid for 12 months) |
| Amount | EUR 4,000,000,000 (equivalent of) |
| Allowed Maturites | In agreement between the Borrower and the relevant Issuer, taking into account regulatory and legal restrictions applicable to the Borrower and the relevant currency at all times. |
| Allowed Currencies | Subject to any applicable legal or regulatory restrictions, Notes may be denominated in any currency agreed between the Issuer and the relevant Dealer. |
| Governing Law | English law, except securities that are registered with Norwegian VPS and fall under Norwegian law. |
| Arranger | J.P. Morgan and Nordea |
| Dealers | J.P. Morgan and Nordea |
| Issuing and Principal Paying agent | Deutsche Bank AG, London Branch |
| Listing | Euronext Dublin and Oslo Stock Exchange (Oslo Børs) |
| Documents available at | Euronext Dublin |
€4,000,000,000 (23 December 2024)
€4,000,000,000 (3 March 2023)
€4,000,000,000 (16 March 2022)
| Agency Agreement |
| Base prospectus |
| Trust Deed |
| VPS Agency Agreement |
| Supplement No. 1 |
| Supplement No. 2 |
| Supplement No. 3 |
| Supplement No. 4 |
Constitutional Documents
Credit Ratings
Heimstaden’s creditworthiness is assessed by the international rating agency Fitch Ratings.
The rating reports we publish are publicly accessible information and are presented on this website as an added service for our investors. They must not be understood as recommendation to buy Heimstaden’s securities. Heimstaden does not claim this information as its own.
| Rating Agency | Rating | Outlook | Last Update |
| Fitch | B- | Negative | 20 January 2025 |
| S&P | B- | Negative | 10 January 2025 |
Credit Analyst Coverage
Below is a list of sell-side credit analysts with coverage of Heimstaden. The analysts’ estimates and opinions are their own and Heimstaden does not necessarily agree with the content of the analyses, nor the conclusions or recommendations contained therein.
| Firm | Contact | Phone | |
| Swedbank | Axel Andersson | +46 73-075 51 02 | axel.andersson@swedbank.se |
| Arctic | Michael Johansson | +46 8-44 68 61 00 | michael.johansson@arctic.com |
| Danske Bank | Louis Landeman | +46 8-568 805 24 | louis.landeman@danskebank.com |
| SEB | Gustav Johannesson | +46 8-763 85 75 | gustav.johannesson@seb.se |