Hemsö repurchases EUR37 million of note maturing in 2029
Hemsö repurchases EUR 37 million of the EUR 300,000,000 1.75% note maturing on 2029-06-29 (XS1632767718). The repurchase was carried out to provide liquidity in the market for Hemsö's bonds and thereby enable more cost-effective borrowing in the future.
Hemsö accepted all notes validly tendered pursuant to the offer in full: https://www.hemso.se/en/about/financial-information/financing/emtn-program/
“We have for a long time been able to state that the yield on Hemsö's bonds in the secondary market has been higher than the one we achieved with new issues. Through this repurchase, we want to help our investors by adding liquidity to the secondary market and thereby enable reduced borrowing costs”, says Jonas Rosengren, Group Treasurer at Hemsö.
For further information, please contact
Rutger Källén, CFO 08-501 170 35
Jonas Rosengren, Group Treasurer 08-501 170 41