On 13 January 2026, Heimstaden Bostad AB (publ) (“Heimstaden Bostad”) successfully priced EUR 500 million 5.075% perpetual hybrid securities with first reset date on 19 April 2031 (the “New Securities”). The net proceeds of the issue will be used by Heimstaden Bostad for general corporate purposes, including the refinancing of its outstanding EUR Subordinated Fixed to Reset Rate Undated Capital Securities with a First Reset Date of 15 April 2026 (ISIN: XS2125121769) (the “Existing Securities”). (See Note 1)
On 14 January 2026, Heimstaden Bostad gave notice to holders of the Existing Securities that, pursuant to Condition 6(b) (Issuer’s Call Option) of the terms and conditions of the Existing Securities, Heimstaden Bostad will redeem all outstanding Existing Securities on 26 January 2026 (the “Redemption Date”).
The Existing Securities will, on the Redemption Date, be redeemed at the amount of EUR 1,000 per Calculation Amount together with interest accrued but unpaid to (but excluding) the Redemption Date.
Following the Redemption Date, Heimstaden Bostad will request Euronext Dublin to cancel trading of the Existing Securities on the regulated market of Euronext Dublin.
An application will be made for the New Securities to be listed on the Global Exchange Market of the Irish Stock Exchange plc, trading as Euronext Dublin. The final listing particulars relating to the New Securities, once published, will be made available on both Euronext Dublin and www.heimstadenbostad.com.
BNP Paribas, Citi, Danske Bank, Deutsche Bank, and J.P. Morgan, acted as joint bookrunners.
Note 1. As of today, Heimstaden Bostad holds EUR 163.6 million in aggregate principal amount of the Existing Securities.