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Hemsö extends loan maturity and interest rate periods

Publicerad: 7 december 2018, 16:06

Bild: Riksbanken

Hemsö has issued bonds for a total of 2 billion SEK through a number of transactions in October and November. The bonds carry a fixed coupon, the interest rate is undisclosed, and the times to maturity are in the interval ten to 25 years.

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Hemsö Fastigheter

The bonds were issued under Hemsö’s European MTN-programme, denominated in both EUR and SEK. They were almost entirely sold to new investors. Following the transactions, Hemsö has extended its average loan maturity period, which was 6.6 years at the end of Q3, and it’s fixed rate period, which was 5.1 years.

“We will continue our successful efforts to broaden the company’s financing and to further extend the loan maturity and fixed-rate period,” comments Jonas Rosengren, Group Treasurer, Hemsö in a press release.

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