Hemsö issues €500 million, seven-year Eurobond
Hemsö has issued a €500 million bond under its existing EMTN program.
The bond, with a tenor of seven years, has a fixed coupon of zero per cent. The credit margin was set at 0,45 per cent. The order book amounted to €1 600 million. The bond represents Hemsö’s third public Eurobond, making Hemsö an established issuer in the European bond market.
“Hemsö has a natural need for funding in Euro due to our growth in Finland and Germany and with this bond issue, we are continuing our strategy to broaden the investor base and further diversifying our funding. The bond was 3,2 times oversubscribed, with an attractive pricing, which illustrates the strong interest in Hemsö as a company and our stable business model”, 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