Lumo Homes plc Other information disclosed according to the rules of the
Exchange, 12 May 2026 at 7:00 p.m. EEST
Lumo Homes plc's issue of EUR 300 million bond successfully priced under its
EMTN programme
NOT FOR PUBLISHING OR DISTRIBUTION, WHETHER IN WHOLE OR IN PART, EITHER DIRECTLY
OR INDIRECTLY IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW
ZEALAND, SINGAPORE, SOUTH AFRICA, OR IN ANY OTHER COUNTRIES WHERE PUBLICATION OR
DISTRIBUTION WOULD BE AGAINST THE LAW
Lumo Homes plc has successfully priced the issue of EUR 300 million senior
unsecured notes (the “Notes”) under its EMTN programme. The maturity of the euro
-denominated Notes is 4 years, and the maturity date is 20 May 2030. The Notes
carry a fixed annual coupon of 4.000 per cent.
The Notes are issued under Lumo Homes' EUR 2,500,000,000 EMTN programme Base
Prospectus dated 19 March 2026, and the Supplement thereto dated 11 May 2026.
Lumo Homes will apply for the Notes to be admitted to trading on the regulated
market of Euronext Dublin and listing on the official list. The Notes are
expected to be rated Baa2 by Moody's.
The proceeds of the issuance of the Notes will be used by Lumo Homes to partly
refinance the EUR 600 million acquisition financing facility drawn earlier this
year for the purpose of partly financing the acquisition of a housing portfolio
of 4,761 apartments from Varma.
“We are very pleased with investors' strong interest in the company. We will use
the proceeds of the bond to refinance half of the acquisition financing, in line
with our plan,” says CFO Erik Hjelt.
Goldman Sachs International, Nordea and SEB are acting as joint lead managers.
Helsinki, 12 May 2026
LUMO HOMES PLC
For further information, please contact:
Erik Hjelt, CFO, Lumo Homes plc, tel. +358 20 508 3225, erik.hjelt@lumo.fi
Niina Saarto, Director, Treasury & Investor Relations, Lumo Homes plc, tel. +358
20 508 3283, niina.saarto@lumo.fi
Distribution:
Nasdaq Helsinki, Irish Stock Exchange, key media
Lumo Homes plc is Finland's largest residential real estate company and a bold
innovator in urban living. Our homes are located in the largest growth centres,
with excellent transport connections and diverse services nearby. We invest in
sustainable, modern and digital solutions that make life in a rental home smooth
and flexible. We create better urban living by delivering the best customer
experience. Lumo - simply the right home.
Lumo Homes plc's shares are listed on the official list of Nasdaq Helsinki. For
more information: https://yritys.lumo.fi/en
Disclaimer
This release is for information purposes only and is not to be construed as an
offer to purchase or sell or a solicitation of an offer to purchase or sell with
respect to any securities of Lumo Homes plc (“Lumo”), including the Notes (as
defined above), to any person in any jurisdiction in which such offer,
solicitation or sale would be unlawful. The distribution of this release and the
related material concerning the Notes may, in certain jurisdictions, be
restricted by law. No actions have been taken to register or qualify the Notes,
or otherwise to permit a public offering of the Notes, in any jurisdiction. Any
offering material or documentation related to the Notes may be received only in
compliance with applicable exemptions or restrictions. Persons into whose
possession this release or any such offering material or documentation may come
are required to inform themselves of and observe all such restrictions. This
release and any such offering material or documentation may not be distributed
or published in any country or jurisdiction if to do so would constitute a
violation of the relevant laws of such jurisdiction or would require actions
under the laws of a state or jurisdiction. In particular this release and any
such offering material or documentation may not be distributed in the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South
Africa or any other jurisdiction in which it would not be permissible to offer
the Notes and this release and any related material concerning the issuance of
the Notes may not be sent to any person in the beforementioned jurisdictions.
Neither Lumo, the joint lead managers appointed with respect to the Notes, nor
their representatives accept any legal responsibility for any violation by any
person, whether or not the persons contemplating investing in or divesting
Lumo's securities including the Notes are aware of such restrictions.
The Notes have not been and will not be registered under the U.S. Securities Act
of 1933 (the “Securities Act”), or under the securities laws of any state or
other jurisdiction of the United States. The Notes may not be offered, sold,
pledged or otherwise transferred directly or indirectly within the United States
or to, or for the account or benefit of, U.S. Persons (as such term is defined
in Regulation S under the Securities Act).
This announcement is not directed at retail clients in the European Economic
Area (“EEA”) or in the United Kingdom (the “UK”). The Notes are not intended to
be offered, sold or otherwise made available to and should not be offered, sold,
distributed or otherwise made available to any retail investor in the EEA or in
the UK. For these purposes, a retail investor in the EEA means a person who is
one (or more) of: (i) a retail client as defined in point (11) of Article 4(1)
of Directive 2014/65/EU (as amended, “MiFID II”); or (ii) a customer within the
meaning of Directive (EU) 2016/97, where that customer would not qualify as a
professional client as defined in point (10) of Article 4(1) of MiFID II; or
(iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as
amended, the “Prospectus Regulation”), and a retail investor in the UK means a
person who is one (or more) of: (i) a retail investor means a person who is not
a professional client, as defined in point (8) of Article 2(1) of Regulation
(EU) No 600/2014 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018 (the “EUWA”); or (ii) not a qualified investor as
defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to
Trading Regulations 2024. Consequently no key information document/disclosure
document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs
Regulation”) or the FCA Product Disclosure Sourcebook (“DISC”) for offering
selling, or distributing the Notes or otherwise making them available to retail
investors in the EEA or in the UK has been prepared and therefore offering or
selling the Notes or otherwise making them available to any retail investor in
the EEA or in the UK may be unlawful under the PRIIPs Regulation and/or the DISC
and the Consumer Composite Investments (Designated Activities) Regulations 2024.
MIFID II product governance / Professional investors and ECPs only target
market - Solely for the purposes of each manufacturer's product approval
process, the target market assessment in respect of the Notes has led to the
conclusion that: (i) the target market for the Notes is eligible counterparties
and professional clients only, each as defined in MiFID II; and (ii) all
channels for distribution of the Notes to eligible counterparties and
professional clients are appropriate. Any person subsequently offering, selling
or recommending the Notes (a “distributor”) should take into consideration the
manufacturers' target market assessment; however, a distributor subject to MiFID
II is responsible for undertaking its own target market assessment in respect of
the Notes (by either adopting or refining the manufacturers' target market
assessment) and determining appropriate distribution channels.
UK MiFIR product governance - The target market for the Notes is eligible
counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook),
and professional clients only (all distribution channels), as defined in
Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the
EUWA (UK MiFIR).
The information provided in this release and any offer materials relating to the
Notes are addressed to and directed only at persons in the United Kingdom (a)
that have professional experience in matters relating to investments falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the “Order”), (b) falling within Article 49(2)(a) to (d)
(“high net worth companies, unincorporated associations etc.”) of the Order, (c)
to whom this announcement may otherwise be directed without contravention of
Section 21 of the FSMA or (d) to whom this announcement may otherwise be
lawfully communicated (all such persons together being referred to as “relevant
persons”). This release is directed only at relevant persons and any person who
is not a relevant person must not act or rely on this document or any of its
contents.