Heimstaden Bostad AB (publ) Announces Results of the Tender Offer for Senior Unsecured Notes

19 Nov 2024 16:00 CET

Heimstaden Bostad AB ("Heimstaden Bostad") announces the results of the tender
offer to the eligible holders of certain of Heimstaden Bostad's outstanding
senior unsecured floating rate notes denominated in NOK (referred to as the
"Tender Offer"), where all validly submitted tender instructions will be
accepted, as further set out in the below table.

The purpose of the Tender Offer is, among other things, to proactively improve
Heimstaden Bostad's liability composition and debt maturity profile.


Notes Purchase Validly tendered and
price accepted nominal
amount
NOK 1,250 million floating rate 100.00% NOK 956 million
notes due April 2026 (ISIN
NO0010976327
NOK 350 million floating rate notes 99.355% NOK 334 million
due April 2028 (ISIN NO0010976335)

The Tender Offer expired at 14:00 CET on 19 November 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 notes validly tendered and accepted. The settlement date
for the Tender Offer is expected to occur on 22 November 2024. Settlement of the
transactions pursuant to the Tender Offer will occur as a secondary trade via
Nordea Bank Abp.

Sole Dealer Manager: Nordea Bank Abp, nordealiabilitymanagement@nordea.com

Contact:
Frederik Stentoft Berling, Media
+45 21 30 94 89, media@heimstaden.com

Cody Nelson, Investor Relations
+47 948 94 196, ir@heimstaden.com

About Heimstaden Bostad:
Heimstaden Bostad is a leading European residential real estate company with
around 162,000 homes across nine countries with a property value of SEK 330
billion. We acquire, develop, and manage properties with an evergreen
perspective. Guided by our Scandinavian heritage and values Dare, Care, and
Share - our about 2,000 colleagues fulfil our mission to enrich and simplify our
customers' lives through Friendly Homes. Read more at www.heimstadenbostad.com.

More information:
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