Heimstaden Bostad AB (publ) Issues SEK 1,500 Million Green Notes in Multiple Tranches
Heimstaden Bostad AB (publ) successfully priced SEK 1,500 million green senior unsecured fixed rate (FXD) and floating rate (FRN) notes:
- SEK 750 million FXD with a maturity of 2 years and a coupon of 3.268%, and
- SEK 750 million FRN with a maturity of 3.5 years and a coupon of 3 months STIBOR plus 87 basis points
The proceeds will be used in accordance with Heimstaden Bostad’s Green Financing Framework. The Green Financing Framework outlines the criteria for Heimstaden Bostad to issue green bonds. The framework has been reviewed by Sustainable Fitch, which has provided an “Excellent” Second-Party Opinion.
An application will be made for the notes to be listed on Euronext Dublin. The final terms, once published, will be made available on both Euronext Dublin and heimstadenbostad.com.
Danske Bank, Nordea, SEB, and Swedbank acted as joint bookrunners.
Contact
Cody Nelson, Investor Relations, +47 948 94 196, investor@heimstaden.com
About
Heimstaden Bostad is a leading European residential real estate company with more than 156,000 homes across nine countries with a property value of SEK 331 billion. We acquire, develop, and manage properties with an evergreen perspective. Guided by our Scandinavian heritage and values Dare, Care, and Share – our 1,600 colleagues fulfil our mission to enrich and simplify our customers’ lives through Friendly Homes. More at heimstadenbostad.com
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