New Issue Transaction

Hemfosa Fastigheter AB (publ) has successfully issued senior unsecured bonds in the total amount of SEK 750m under a framework amount of SEK 1,000m. The bonds have a tenor of three and a half year and a floating interest rate of three-months STIBOR plus 275bps (“New Issue Transaction”). The transaction generated strong interest from investors and the issue was well oversubscribed. The proceeds will be used to refinance the April 2017 bonds as well as for general corporate purposes.

          We are very pleased with the good outcome and the continued strong support we have received from investors. The fact that the order book once again was well oversubscribed shows that there is strong interest and confidence in Hemfosa, says Linda Eriksson, Head of Finance of Hemfosa.

Tender Offer

Furthermore, Hemfosa announces the final results of its invitation to the holders of its outstanding SEK denominated floating and fixed rate bonds with ISIN SE0005933207 and SE0005933215 due 4 April 2017 (“April 2017 bonds”) to tender their April 2017 bonds for cash (the “Tender Offer”).

The Tender Offer expired at 17:00 CET on 22 February 2017. The aggregate principal amount of April 2017 bonds validly tendered was SEK 518m.

The New Issue Transaction has been successfully completed, and hence Hemfosa will accept all valid tender instructions pursuant to the Tender Offer in full. The purchase price of the validly tendered April 2017 bonds is 100.25% for the floating rate bond with ISIN SE0005933207 and 100.40% for the fixed rate bond with ISIN SE0005933215, of the nominal amount. Hemfosa will also pay accrued and unpaid interest from, but excluding the previous day of interest payment date until, and including the relevant settlement date. Settlement date for the Tender Offer is set to 1 March 2017.

Danske Bank and SEB have been Joint Bookrunners in connection with the New Issue Transaction and Dealer Managers for the Tender Offer. Roschier has been legal adviser.

Joint Bookrunners and Dealer Managers:

Danske Bank

Contact person:                   Martin Olén
Email:                                  [email protected] 
Telephone:                          +45 45 14 67 03


Contact person:                   Henrik Blomgren
Email:                                  [email protected]
Telephone:                          +46 8 506 233 26

For further information, please contact:

Linda Eriksson, Head of Finance, [email protected], mobile +46 72 166 24 28, office +46 8 448 04 80