Hemsö borrows EUR 75 million over 20 years in its first Schuldschein loan
The documentation corresponds to the terms of Hemsö's EMTN programme, but is subject to German law. The interest-only loan is unsecured, with a 20-year term and a fixed interest rate of 2.02 per cent, including a credit margin of 1.05 per cent.
"The Schuldschein loan will further broaden our investor base by reaching investors who require documentation based on German law. This loan will also meet Hemsö's ambition to reduce the financial risk with long-term funding," says Jonas Rosengren, Group Treasurer at Hemsö.