Brief: Hoist Finance Says Co Aims To Become A Specialised Debt Restructurer

Hoist Finance AB (publ)

25/07/2024 20:07

July 25 (Reuters) - Hoist Finance AB (publ)  HOFI.ST :
    * HOIST FINANCE AIMS TO BECOME A SPECIALISED DEBT
RESTRUCTURER
    * HOIST FINANCE AB (PUBL)- INTENDS TO MEET ALL REQUIREMENTS
TO
QUALIFY AS A SPECIALISED DEBT RESTRUCTURER (SDR) BY 1 JANUARY
2025
    * HOIST FINANCE - OBTAINING SDR STATUS WILL EXEMPT HOIST
FINANCE
FROM BACKSTOP REGULATIONS, WHICH WILL SIMPLIFY COMPANY'S
BUSINESS MODEL
    * HOIST FINANCE: TO FUND INCREASED LIQUIDITY BUFFER, CO
INTENDS TO
EXPAND CUSTOMER ACCOUNT HOLDERS IN EUROPE & ISSUE BONDS IN SEK &
EUR DURING H2 2024.

Source text for Eikon:  ID:nWkr2VNB05 
Further company coverage:  HOFI.ST 

 ((Reuters.Briefs@thomsonreuters.com;))