The EUR 725 million financing replaces an existing secured bank loan with maturity in 2026 and brings in net new proceeds of EUR 200 million. The new facility will benefit the maturity profile as well as the overall cash position of Heimstaden Bostad. Net proceeds will be used for liability management.

The financing is arranged by ING Bank N.V. and Natixis Pfandbriefbank AG as part of a consortium of banks, asset managers, and insurance companies.