Nyfosa contemplates issuance of hybrid bonds

Nyfosa AB has mandated ABG Sundal Collier AB and Nordea Bank Abp as joint bookrunners to arrange a series of fixed income investor meetings commencing on November 8, 2021 to explore the possibility of issuing subordinated perpetual floating rate callable capital securities under a framework of SEK 2,000,000,000 (the “Hybrid Bonds”). A capital markets transaction of up to SEK 1,000,000,000 may follow, subject to inter alia market conditions. The proceeds from the Hybrid Bonds will be applied towards general corporate purposes.

Subject to completion of a successful issue, the Hybrid Bonds will be accounted for as 100 per cent equity in accordance with IFRS reporting standard.