Heimstaden Bostad Completes the Buyback of Senior Unsecured Bonds

06 Mar 2023 18:00 CET

Heimstaden Bostad AB has bought back SEK 10,103,299,811 (EUR 907,175,290) of
outstanding senior unsecured bonds for a total cash consideration of SEK
9,333,366,687 (EUR 838,042,995). The purpose of the transaction is, among other
things, to proactively improve the company's liability composition and debt
maturity profile, and it is fully financed by existing liquidity available to
the company and an amount of SEK 3,337,000,000 (EUR 299,629,230) equity raised
from new and existing shareholders. The company decided to upsize the
transaction and use its existing liquidity for this liability management
exercise. The maximum equity commitment of SEK 4,500,000,000 (EUR 404,055,000)
was not fully utilised as  certain non-accepted tender bids did not satisfy the
company's liability management target.

Securities ISIN / Common Code Repurchased
SEK 1,050,000,000 Floating Rate XS2412109105/241210910 SEK 733,000,000
Notes due 23 November 2023
SEK 2,800,000,000 0.933 per XS2412106002/241210600 SEK 2,168,000,000
cent. Notes due 23 November 2023
SEK 850,000,000 0.875 per cent. XS2420346517/242034651 SEK 750,000,000
Notes due 22 January 2024
EUR 700,000,000 2.125 per cent. XS1958655745/195865574 EUR 95,809,000
Notes due 5 September 2023
EUR 700,000,000 Callable XS2430702873/2430707287 EUR 192,970,000
Floating Rate. Notes due 19
January 2024
EUR 1,250,000,000 0.250 per XS2397239000/239723900 EUR 43,133,000
cent. Notes due 13 October 2024
EUR 700,000,000 0.625 per cent. XS2435603571/243560357 EUR 22,799,000
Notes due 24 July 2025
EUR 500,000,000 1.125 per cent. XS2105772201/210577220 EUR 15,268,000
Notes due 21 January 2026
EUR 700,000,000 1.375 per cent. XS2225207468/222520746 EUR 26,862,000
Notes due 3 March 2027
EUR 750,000,000 1.000 per cent. XS2397252102 / 239725210 EUR 62,598,000
Notes due 13 April 2028
EUR 500,000,000 1.375 per cent. XS2435611244 / 243561124 EUR 14,885,000
Notes due 24 July 2028
EUR 750,000,000 0.750 per cent. XS2384269366 / 238426936 EUR 65,663,000
Notes due 6 September 2029
EUR 750,000,000 1.625 per cent. XS2397252011 / 239725201 EUR 39,365,000
Notes due 13 October 2031

BNP Paribas, Citigroup, Danske Bank, Deutsche Bank, J.P. Morgan and Swedbank
acted as dealer managers and Kroll Issuer Services as tender agent.

Contact
Christian V. Dreyer, CCO
media@heimstaden.com

Malin Lethenström, Investor Relations
ir@heimstaden.com

About Heimstaden Bostad

Heimstaden Bostad is a leading European residential real estate company with
around 158,000 homes across 9 countries and a property value of SEK 345 billion.
We acquire, develop, and manage properties with an evergreen perspective. Guided
by our Scandinavian heritage and values Care, Dare and Share - our 2,200
colleagues strive to fulfil our mission to enrich and simplify our customers'
lives through Friendly Homes. Read more at www.heimstadenbostad.com.

This information is such information that Heimstaden Bostad AB (publ) is obliged
to publish in accordance with the EU Market Abuse Regulation. The information
was submitted, through the agency of the above contact persons, for publication
on 6 March 2023 at 18:00 CET.

More information:
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