Heimstaden Bostad Issues Senior Unsecured Bonds for NOK 1,800 million

Heimstaden Bostad AB has successfully issued three NOK-denominated senior unsecured bonds.

Amount (NOK) Maturity Floating rate
200 million 3 years NIBOR + 75 bps
1,250 million 5 years NIBOR + 95 bps
350 million 7 years NIBOR + 115 bps

The proceeds from the issuances will be used for the refinancing of outstanding bonds and for general corporate purposes. Settlement will occur on April 22 and all three bonds will be listed on Oslo Børs. The listing particulars, once available, will be made available on Oslo Børs and www.heimstadenbostad.com.

DNB Markets and Nordea acted as Joint Lead Managers for the bond issuances.
 

Documents