Capital/Financing Update • Sep 24, 2018
Capital/Financing Update
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THISANNOUNCEMENT.
Hoist FinanceAB (publ) (Baa3/stable) (the "Company"), today announces issuance of new EUR250m 4.5-year senior unsecured notes at m/s+250bp under its EMTN-programme (ISIN XS1884813293). This transaction followed the successful completion of European investor meetings. Settlement date is 28 September 2018.
The Company also announces the final results of its invitation to holders to tender their outstanding EUR300m Senior Unsecured 3.125% fixed rate notes due 2019 (ISIN XS1424841374). EUR185,838,000 was repurchased, subject to the terms and conditions described in the tender offer memorandum dated 12 September 2018. Settlement date is 27 September 2018.
The full stock exchange release for the tender offer can be found in the following link: http://www.ise.ie/app/announcementDetails.aspx?ID=13788370
Citi, Deutsche Bank and Nordea acted as Joint Bookrunners in respect of the issuance of the New Notes. Nordea acted as Offeror, andCiti and Nordea acted as Dealer Managers on the tender offer.
Joint Bookrunners:
Citigroup Global Markets Limited
Deutsche Bank AG, London Branch
Nordea Bank AB (publ)
Offeror:
Nordea Bank AB (publ) (Telephone: +45 61 61 29 96; Attention: Nordea Liability Management; Email: [email protected] / [email protected])
Citigroup Global Markets Limited (Telephone: +44 20 7986 8969; Attention: Liability Management Group; Email: [email protected])
Nordea Bank AB (publ) (Telephone: +45 61 61 29 96; Attention: Nordea Liability Management; Email: [email protected] / [email protected])
For further information, please contact:
Magnus Linnersand, Group Head of Treasury
Telephone: +46 (0)8 555 177 72
Michel Fischier, Group Head of Investor Relations
Telephone: +46 (0)8 555 177 19
This information is information that Hoist FinanceAB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 18.00 CETon September 24, 2018
Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks' trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.
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