About us My property Available facilities Our projects Financial information Press Home Press News Hemsö issues its first bond in Europe Industry news Image archive Press contact Almedalen 2017 Hemsö issues its first bond in Europe Published on September 6, 2016 at 8:00 Hemsö issues a bond of EUR 500 million with a ten-year maturity in the European bond market. In August, Hemsö established an EMTN program with a framework amount of EUR 3 billion. On Monday, the first issue of EUR 500 million was completed and the order book amounted to approximately EUR 3.5 billion. The loan runs for 10 years with a coupon of 1 percent. - With the EMTN program in place, Hemsö now has good access to European capital, as yesterday's transaction shows. We can thus finance the foreign transactions without having to take any currency risk. The European market offers longer maturities on the loans, which means that we can extend the capital tied up, says Hemsö's CFO Rutger Källén. The proceeds will be used to refinance existing debt and finance future acquisitions and investments. Hemsö already has a Swedish borrowing program and is now expanding its financing opportunities to the Euro market. The organizer of the program is Citibank and the bonds under the program will be listed on the Irish Stock Exchange. Citibank, Deutsche Bank, BNP Paribas and Nordea advised on the transaction. Document Press release Press release in PDF format