In order to further diversify its financing sources, Hemsö has signed a SEK 1 billion secured loan agreement with Svenska Handelsbanken with a term of four years.

"Hemsö's primary funding sources will still continue to be the Swedish and international bond markets. The company's funding strategy therefore remains unchanged. However, we see great value in complementing outstanding bonds with attractive bank loans," says Carl-Johan Strandberg, Group Treasurer at Hemsö.

After drawdown of the loan, Hemsö will have a secured debt ratio corresponding to 1 per cent of the company's total assets.
 

For more information, please contact:

Rutger Källén, Deputy CEO and CFO                                       +46 8 501 170 35
Carl-Johan Strandberg, Group Treasurer                                 +46 8 501 171 16

Hemsö is Sweden's leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö's business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö's property portfolio is SEK 85 billion. Hemsö's credit rating from Standard & Poor's has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.

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