Heimstaden Bostad AB, a subsidiary of Heimstaden AB, issues EUR 800 million of subordinated perpetual hybrid capital securities in the European debt capital markets. The hybrid has an annual, fixed rate, coupon of 3.25% and a non-call period of 5.25 years. S&P has classified the hybrid as having intermediate equity content. The proceeds will be accounted for as 100% equity by Heimstaden Bostad and will be used for general corporate purposes. “We are very pleased with the continued support demonstrated by European investors in Heimstaden Bostad. The order book of more than EUR 1.6 billion is as far as we know the largest real estate hybrid order book this year in Europe. The transaction represents an important milestone in our ambitions to improve our rating in a first step to BBB”, says Magnus Nordholm, acting CFO Heimstaden Bostad. The bonds will be listed in Euronext Dublin. Danske Bank, Deutsche Bank, J.P. Morgan and Nordea acted as Joint Structuring Agents and Joint Bookrunners. For further information, please contact: Magnus Nordholm, CEO Fredensborg AS and acting CFO Heimstaden      +46 705 29 31 44     magnus.nordholm@fredensborg.no Adam Lindh, Head of Finance                                                                        +46 708 83 96 74     adam.lindh@heimstaden.com