Heimstaden Bostad plans sale of subordinated fixed-to-reset subordinated capital securities

Chicago, June 16 – Heimstaden Bostad AB is planning to sell new euro-denominated subordinated fixed-to-reset rate undated capital securities subject to market conditions, according to a notice.

The company plans to use the proceeds of the new notes to fund a capped tender offer of up to €250 million.

The company reserves the right to apply some of the proceeds toward other corporate purposes.

Tendering noteholders may receive priority allocation for the new notes.

The issue will not be sold in the United States.

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

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