Heimstaden Bostad AB (referred to as “Heimstaden Bostad”) announces the result of the tender offer to the eligible holders of its EUR 800 million perpetual non-call hybrid securities (EUR 589 million outstanding) with the first reset date on 19 February 2025 (ISIN XS2010037765) (referred to as the “Tender Offer”), where all validly submitted tender instructions have been accepted, as further set out in the below table.
| Notes | Purchase price | Validly tendered and accepted nominal amount |
| EUR 800 million perpetual non-call hybrid securities (ISIN XS2010037765) | 100.00% | EUR 501.2 million |
The Tender Offer expired at 17:00 CET on 2 December 2024. Heimstaden Bostad will complete the Tender Offer and pay the purchase price as outlined in the above table including accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date for the Tender Offer, on the securities validly tendered and accepted. The settlement date for the Tender Offer is expected to occur on 5 December 2024.
Dealer Managers: BNP Paribas, Citi, Deutsche Bank, J.P. Morgan, and Nordea.