Hemsö extends average loan and interest maturity
In several transactions during October and November, Hemsö issued bonds of approximately SEK 2 billion with maturities ranging from 10 to 25 years. The loans carry fixed interest rates.
The bonds were issued under Hemsö’s EMTN programme and denominated in both EUR and SEK, and new investors accounted for almost the entire volume issued. In the third quarter of 2018, Hemsö’s average loan maturity and fixed-rate period were 6.6 and 5.1 years, respectively.
“We will continue our successful efforts to broaden the company’s financing and to further extend the loan maturity and fixed-rate period,” says Jonas Rosengren, Group Treasurer, Hemsö.