Further to the notice given by Heimstaden Bostad AB (publ) (the “Issuer“) on 14 April 2021 to the holders of the EUR 500,000,000 1.750% Notes due 2021 (ISIN: XS1918007458; Common Code: 191800745) (the “Notes“), of which EUR 340,216,000 is outstanding. The Issuer hereby gives notice of the determination of the Optional Redemption Amount in respect of the Notes.
Pursuant to Condition 7.3 (Redemption at the option of the Issuer (Issuer Call)) of the terms and conditions of the Notes (the “Conditions“), the Issuer announced on 14 April 2021 that it is exercising its option to redeem in full all of the outstanding Notes on 30 April 2021 (the “Optional Redemption Date“).
The Issuer hereby notifies holders of the Notes that the Optional Redemption Amount shall be €1,012.43 per €1,000 in principal amount of Notes plus accrued and unpaid interest up to but excluding the Optional Redemption Date.
Pursuant to Condition 7.9 (Cancellation) of the Conditions, all Notes redeemed will be cancelled.
Terms used but not defined in this announcement shall have the meanings given to them in the Conditions.
Contact:
Adam Lindh, Head of Finance
+46 708 83 96 74
adam.lindh@heimstaden.com
This information is such that Heimstaden Bostad AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted for publication through the agency of the above contact person.