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Regulatory press release

Heimstaden AB Announces the Results of the Tender Offer for its SEK Bonds

Heimstaden
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Heimstaden AB ("Heimstaden") announces the results of the tender offer (the "Tender Offer") to the eligible holders of Heimstaden's outstanding senior unsecured floating rate bonds denominated in SEK as further set out in the below table.

The purpose of the transaction is, among other things, to proactively improve Heimstaden's liability composition and debt maturity profile, and it is fully financed with Heimstaden's existing cash position.

Bonds Repurchased nominal amount
SEK 1,200 million Senior Unsecured SEK 338 750 000
Floating Rate Bonds 2020/2024 (ISIN:
SE0014991345)
SEK 1,200 million Senior Unsecured SEK 106 250 000
Floating Rate Bonds 2020/2025 (ISIN:
SE0014991352)
SEK 500 million 2022/2025 Floating Rate SEK 117 500 000
Notes (ISIN: XS2469914308)

The Tender Offer expired at 12:00 CEST on 25 August 2023. Heimstaden will complete the Tender Offer and pay accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date for the Tender Offer, on the bonds validly tendered and accepted. The settlement date for the Tender Offer is expected to occur on or around 1 September 2023. Settlement of the transactions pursuant to the Tender Offer will occur as a secondary trade via Nordea Bank Abp and Swedbank AB (publ).

Nordea Bank Abp and Swedbank AB (publ) acted as dealers managers in connection with the Tender Offer. Gernandt & Danielsson Advokatbyrå KB acted as legal advisor in connection with the Tender Offer.

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