Gold prices just lower; monthly gains on track
FRANKFURT - Swedish property company Heimstaden AB has issued €400 million in senior unsecured fixed rate notes with a 7.361% interest rate due in 2031, according to a stabilization notice released Tuesday.
Deutsche Bank Aktiengesellschaft will act as the stabilization manager for the notes, which were priced at 100% of face value with a spread of 514.6 basis points over the benchmark.
The stabilization period is expected to begin on July 15, 2025, and end no later than August 21, 2025. The maximum size of the over-allotment facility is 5% of the aggregate nominal amount.
The stabilization manager may over-allot securities or conduct transactions to support the market price of the securities at a level higher than might otherwise prevail, though there is no guarantee that any stabilization action will be taken.
The notes carry the RegS ISIN code XS3120113876, with stabilization trading venue designated as OTC (over-the-counter).
This information was disclosed in a pre-stabilization notice issued by Deutsche Bank AG (ETR:DBKGn), Frankfurt, based on a press release statement published through the Regulatory News Service (RNS) of the London Stock Exchange (LON:LSEG).
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