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Published on 11/25/2020 in the Prospect News High Yield Daily.

New Issue: Heimstaden sells NOK 400 million 2.019% bonds due 2025

By Taylor Fox

New York, Nov. 25 – Heimstaden AB subsidiary Heimstaden Bostad AB issued NOK 400 million of 2.019% corporate bonds, according to a notice.

Danske Bank Markets, DNB, Nordea and Swedbank are managers.

The hybrids have a 5.25-year non-call period.

Proceeds will be used for general corporate purposes.

Heimstaden is a real estate company based in Malmo, Sweden.

Issuer:Heimstaden Bostad AB
Issue:Corporate bonds
Amount:NOK 400 million
Maturity:Feb. 25, 2025
Managers:Danske Bank Markets, DNB, Nordea and Swedbank
Coupon:2.019%
Announcement date:Nov. 25

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