Sweden’s Hoist Finance mandates banks ahead of possible euro-denominated notes offering

By Paul A. Harris

Portland, Ore., May 16 – Hoist Kredit AB (Ba2), a fully owned subsidiary of Hoist Finance AB, mandated Credit Suisse, Dankse Bank and Nordea Markets to arrange investor meetings ahead of a possible new offering of euro-denominated notes, according to a company press release issued on Monday.

The announcement came in conjunction with the launch of tender offers for Hoist’s SEK 1 billion of three-month Stibor plus 375 bps senior floating-rate notes due 2016 and €100 million of three-month Euribor plus 375 bps senior floating-rate notes due 2017.

The tender offers expire on May 24.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.