The notes have a maturity of 5.5 years with a coupon of 3.75%. Heimstaden Bostad AB intends to apply an amount equal to the net proceeds to finance or refinance, in whole or in part, green or sustainable projects ("Green Projects"), in line with Heimstaden Bostad's Green Bond Framework dated 2023.
The Green Bond Framework outlines the criteria for Heimstaden Bostad to issue green bonds to finance energy-efficient buildings. The framework has been reviewed by Sustainalytics, which has provided a positive 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 www.heimstadenbostad.com.
BNP Paribas, Citi, Deutsche Bank, ING, SEB, and UniCredit acted as joint bookrunners.