Hoist Finance Issues SEK 750 Million in Bonds

The Swedish Group specialized in credit management and debt purchase and listed on the Stockholm Stock Exchange, has announced the issue of senior preferred bonds for a total of SEK 750 million (almost 65 million euros), with a maturity of four years. The proceeds will be used for general corporate purposes, and the bonds are expected to receive a Baa2 rating from Moody’s.

The issue, carried out under the EMTN (Euro Medium-Term Note ) program, followed a book building phase with total demand of approximately SEK 2 billion. The bonds were priced at 3 months STIBOR (Stockholm Interbank Offered Rate) +178 basis points.

Roberto Sergio

Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

Credit Village is a leading company in the field of specialized publishing and event organization for the credit management industry and in all issues and aspects related to the NPE market, including ESG , M&A, Real Estate etc. Credit Village has been the first company in Italy to bring the culture of the credit management industry to the press, events and online, creating the largest community in the sector around itself.

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