27 February 2024
To the holders in:
ISIN: SE0012455111 – Heimstaden AB (publ) maximum SEK 5,000,000,000 subordinated perpetual floating rate callable capital securities
Reference is made to the terms and conditions of the abovementioned capital security issue (the “Capital Securities”) issued by Heimstaden AB (publ) (the “Issuer”), with first issue date on 11 April 2019 in accordance with the terms and conditions for the Capital Securities (the “Terms and Conditions”).
All capitalised terms used herein and not otherwise defined in this Notice shall have the meaning assigned to them in the Terms and Conditions.
The Issuer hereby gives notice to all Holders of the Issuer’s outstanding Capital Securities that the Issuer elects to defer the Interest Payment falling due on the Interest Payment Date falling on 11 April 2024 and each Interest Payment falling due on any thereafter following Interest Payment Date, each in accordance with Clause 11.1 (Deferral of Interest Payments) of the Terms and Conditions until (i) we notify you otherwise pursuant to Clause 11.2 (Optional settlement of Deferred Interest) of the Terms and Conditions or (ii) the occurrence of an event set out in Clause 11.3 (Mandatory settlement of Deferred Interest) of the Terms and Conditions.
This notice is governed by Swedish law. This notice is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of the Issuer.
For further information, please contact the Issuer at:
Malin Lethenström, Head of IR
E-mail: malin.lethenstrom@heimstaden.com
A full version of this notice is available here.