Sweden’s Hoist Finance calls all €30 million AT1 perpetuals

By William Gullotti

Buffalo, N.Y., May 17 – Hoist Finance AB will redeem all of its €30 million fixed rate reset perpetual additional tier 1 capital notes (ISIN: XS1538294890) on June 21, according to a notice on Wednesday.

The June 21 redemption date is the first call dates for the AT1 notes, which were originally issued by Hoist Kredit AB (publ) on Dec. 21, 2016.

The notes will be redeemed at par plus any accrued interest and subsequently delisted from the Irish Stock Exchange.

Citibank NA, London Branch is the principal paying agent and transfer agent.

Hoist is a Sweden-based debt restructuring partner to international banks and financial institutions.

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