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.