Hoist Finance AB (publ)

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Hoist Finance AB (publ)
GICS: 40202010 · Sektor: EQTY · Sub-Sektor: Financial Services
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Hoist Finance AB (publ)
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Fr., 29.11.2024       Hoist Finance
SE0006887063

STOCKHOLM, Nov. 29, 2024 /PRNewswire/ -- Hoist Finance AB (publ) has successfully issued SEK 700 million of senior non-preferred bonds with a tenor of 4.25 years. The bonds were issued under Hoist Finance's EMTN program and were priced at 3-months STIBOR +250 basis points. 

"I am very pleased to announce Hoist Finance's first broadly distributed issue of senior non-preferred bonds, which was met by strong demand from more than 20 Nordic investors. This is the first senior non-preferred bond issue by a Nordic non-SIFI bank. This issuance marks an important step for our strategy to promote continued growth while maintaining a cost-efficient capital structure and supporting our investment grade credit rating from Moody's," says Harry Vranjes, CEO of Hoist Finance.

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