{"success":true,"data":{"pressRelease":{"id":"40809","rtpr_id":"nWkrbzZTB4","ticker":"LUMO","exchange":"Nasdaq Helsinki","all_tickers":["LUMO"],"title":"Lumo Homes plc has completed the issue of its EUR 300 million bond under its EMTN programme","author":"Cision","published_at":"2026-05-20T13:00:08.538Z","article_body":"Lumo Homes plc\nLumo Homes plc Other information disclosed according to the rules of the\nExchange, 20 May 2026 at 4:00 p.m. EEST\n\nLumo Homes plc has completed the issue of its EUR 300 million bond under its\nEMTN programme\n\nNOT FOR PUBLISHING OR DISTRIBUTION, WHETHER IN WHOLE OR IN PART, EITHER\nDIRECTLY OR INDIRECTLY IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG,\nJAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, OR IN ANY OTHER COUNTRIES WHERE\nPUBLICATION OR DISTRIBUTION WOULD BE AGAINST THE LAW\n\nLumo Homes plc has today completed the issue of EUR 300 million senior\nunsecured notes (the “Notes”) under its EMTN programme. The maturity of\nthe euro-denominated Notes is 4 years, and the maturity date is 20 May 2030.\nThe Notes carry a fixed annual coupon of 4.000 per cent.\n\nThe Notes are issued under Lumo Homes’ EUR 2,500,000,000 EMTN programme Base\nProspectus dated 19 March 2026, and the Supplement thereto dated 11 May 2026.\nThe Base Prospectus and the supplement are available in English on the\ncompany’s website at\nhttps://yritys.lumo.fi/en/investors/financial-information/financing-and-bonds/emtn-programme/.\nThe Notes have been admitted to the official list of Euronext Dublin and to\ntrading on its regulated market. The Notes are rated Baa2 by Moody's.\n\nThe proceeds of the issuance of the Notes will be used by Lumo Homes to partly\nrefinance the EUR 600 million acquisition financing facility drawn earlier\nthis year for the purpose of partly financing the acquisition of a housing\nportfolio of 4,761 apartments from Varma.\n\nGoldman Sachs International, Nordea and SEB are acting as joint lead managers.\n\nHelsinki, 20 May 2026\n\nLUMO HOMES PLC\n\nFor further information, please contact:\n\nErik Hjelt, CFO, Lumo Homes plc, tel. +358 20 508 3225, erik.hjelt@lumo.fi\n\nNiina Saarto, Director, Treasury & Investor Relations, Lumo Homes plc, tel.\n+358 20 508 3283, niina.saarto@lumo.fi\n\nDistribution:\n\nNasdaq Helsinki, key media\n\nLumo Homes plc is Finland’s largest residential real estate company and a\nbold innovator in urban living. Our homes are located in the largest growth\ncentres, with excellent transport connections and diverse services nearby. We\ninvest in sustainable, modern and digital solutions that make life in a rental\nhome smooth and flexible. We create better urban living by delivering the best\ncustomer experience. Lumo – simply the right home.\n\nLumo Homes plc's shares are listed on the official list of Nasdaq Helsinki.\nFor more information: https://yritys.lumo.fi/en \n\nDisclaimer\n\nThis release is for information purposes only and is not to be construed as an\noffer to purchase or sell or a solicitation of an offer to purchase or sell\nwith respect to any securities of Lumo Homes plc (“Lumo”), including the\nNotes (as defined above), to any person in any jurisdiction in which such\noffer, solicitation or sale would be unlawful. The distribution of this\nrelease and the related material concerning the Notes may, in certain\njurisdictions, be restricted by law. No actions have been taken to register or\nqualify the Notes, or otherwise to permit a public offering of the Notes, in\nany jurisdiction. Any offering material or documentation related to the Notes\nmay be received only in compliance with applicable exemptions or restrictions.\nPersons into whose possession this release or any such offering material or\ndocumentation may come are required to inform themselves of and observe all\nsuch restrictions. This release and any such offering material or\ndocumentation may not be distributed or published in any country or\njurisdiction if to do so would constitute a violation of the relevant laws of\nsuch jurisdiction or would require actions under the laws of a state or\njurisdiction. In particular this release and any such offering material or\ndocumentation may not be distributed in the United States, Australia, Canada,\nHong Kong, Japan, New Zealand, Singapore, South Africa or any other\njurisdiction in which it would not be permissible to offer the Notes and this\nrelease and any related material concerning the issuance of the Notes may not\nbe sent to any person in the beforementioned jurisdictions. Neither Lumo, the\njoint lead managers appointed with respect to the Notes, nor their\nrepresentatives accept any legal responsibility for any violation by any\nperson, whether or not the persons contemplating investing in or divesting\nLumo’s securities including the Notes are aware of such restrictions.\n\nThe Notes have not been and will not be registered under the U.S. Securities\nAct of 1933 (the “Securities Act”), or under the securities laws of any\nstate or other jurisdiction of the United States. The Notes may not be\noffered, sold, pledged or otherwise transferred directly or indirectly within\nthe United States or to, or for the account or benefit of, U.S. Persons (as\nsuch term is defined in Regulation S under the Securities Act).\n\nThis announcement is not directed at retail clients in the European Economic\nArea (“EEA”) or in the United Kingdom (the “UK”). The Notes are not\nintended to be offered, sold or otherwise made available to and should not be\noffered, sold, distributed or otherwise made available to any retail investor\nin the EEA or in the UK. For these purposes, a retail investor in the EEA\nmeans a person who is one (or more) of: (i) a retail client as defined in\npoint (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID\nII”); or (ii) a customer within the meaning of Directive (EU) 2016/97, where\nthat customer would not qualify as a professional client as defined in point\n(10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined\nin Regulation (EU) 2017/1129 (as amended, the “Prospectus Regulation”),\nand a retail investor in the UK means a person who is one (or more) of: (i) a\nretail investor means a person who is not a professional client, as defined in\npoint (8) of Article 2(1) of Regulation (EU) No 600/2014  as it forms part of\ndomestic law by virtue of the European Union (Withdrawal) Act 2018 (the\n“EUWA”); or (ii) not a qualified investor as defined in paragraph 15 of\nSchedule 1 to the Public Offers and Admissions to Trading Regulations 2024.\nConsequently no key information document/disclosure document required by\nRegulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) or the\nFCA Product Disclosure Sourcebook (“DISC”) for offering selling, or\ndistributing the Notes or otherwise making them available to retail investors\nin the EEA or in the UK has been prepared and therefore offering or selling\nthe Notes or otherwise making them available to any retail investor in the EEA\nor in the UK may be unlawful under the PRIIPs Regulation and/or the DISC and\nthe Consumer Composite Investments (Designated Activities) Regulations 2024.\n\nMIFID II product governance / Professional investors and ECPs only target\nmarket – Solely for the purposes of each manufacturer’s product approval\nprocess, the target market assessment in respect of the Notes has led to the\nconclusion that: (i) the target market for the Notes is eligible\ncounterparties and professional clients only, each as defined in MiFID II; and\n(ii) all channels for distribution of the Notes to eligible counterparties and\nprofessional clients are appropriate. Any person subsequently offering,\nselling or recommending the Notes (a “distributor”) should take into\nconsideration the manufacturers’ target market assessment; however, a\ndistributor subject to MiFID II is responsible for undertaking its own target\nmarket assessment in respect of the Notes (by either adopting or refining the\nmanufacturers’ target market assessment) and determining appropriate\ndistribution channels.\n\nUK MiFIR product governance – The target market for the Notes is eligible\ncounterparties, as defined in the FCA Handbook Conduct of Business\nSourcebook), and professional clients only (all distribution channels), as\ndefined in Regulation (EU) No 600/2014 as it forms part of domestic law by\nvirtue of the EUWA (UK MiFIR).\n\nThe information provided in this release and any offer materials relating to\nthe Notes are addressed to and directed only at persons in the United Kingdom\n(a) that have professional experience in matters relating to investments\nfalling within Article 19(5) of the Financial Services and Markets Act 2000\n(Financial Promotion) Order 2005 (the “Order”), (b) falling within Article\n49(2)(a) to (d) (“high net worth companies, unincorporated associations\netc.”) of the Order, (c) to whom this announcement may otherwise be directed\nwithout contravention of Section 21 of the FSMA or (d) to whom this\nannouncement may otherwise be lawfully communicated (all such persons together\nbeing referred to as “relevant persons”). This release is directed only at\nrelevant persons and any person who is not a relevant person must not act or\nrely on this document or any of its contents.\n\nhttps://news.cision.com/lumo-homes-plc/r/lumo-homes-plc-has-completed-the-issue-of-its-eur-300-million-bond-under-its-emtn-programme%2Cc4351081\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkrbzZTB4","title":"Lumo Homes plc has completed the issue of its EUR 300 million bond under its EMTN programme","author":"Cision","ticker":"LUMO","created":"2026-05-20T13:00:08.538Z","tickers":["LUMO"],"exchange":"Nasdaq Helsinki","article_body":"Lumo Homes plc\nLumo Homes plc Other information disclosed according to the rules of the\nExchange, 20 May 2026 at 4:00 p.m. EEST\n\nLumo Homes plc has completed the issue of its EUR 300 million bond under its\nEMTN programme\n\nNOT FOR PUBLISHING OR DISTRIBUTION, WHETHER IN WHOLE OR IN PART, EITHER\nDIRECTLY OR INDIRECTLY IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG,\nJAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, OR IN ANY OTHER COUNTRIES WHERE\nPUBLICATION OR DISTRIBUTION WOULD BE AGAINST THE LAW\n\nLumo Homes plc has today completed the issue of EUR 300 million senior\nunsecured notes (the “Notes”) under its EMTN programme. The maturity of\nthe euro-denominated Notes is 4 years, and the maturity date is 20 May 2030.\nThe Notes carry a fixed annual coupon of 4.000 per cent.\n\nThe Notes are issued under Lumo Homes’ EUR 2,500,000,000 EMTN programme Base\nProspectus dated 19 March 2026, and the Supplement thereto dated 11 May 2026.\nThe Base Prospectus and the supplement are available in English on the\ncompany’s website at\nhttps://yritys.lumo.fi/en/investors/financial-information/financing-and-bonds/emtn-programme/.\nThe Notes have been admitted to the official list of Euronext Dublin and to\ntrading on its regulated market. The Notes are rated Baa2 by Moody's.\n\nThe proceeds of the issuance of the Notes will be used by Lumo Homes to partly\nrefinance the EUR 600 million acquisition financing facility drawn earlier\nthis year for the purpose of partly financing the acquisition of a housing\nportfolio of 4,761 apartments from Varma.\n\nGoldman Sachs International, Nordea and SEB are acting as joint lead managers.\n\nHelsinki, 20 May 2026\n\nLUMO HOMES PLC\n\nFor further information, please contact:\n\nErik Hjelt, CFO, Lumo Homes plc, tel. +358 20 508 3225, erik.hjelt@lumo.fi\n\nNiina Saarto, Director, Treasury & Investor Relations, Lumo Homes plc, tel.\n+358 20 508 3283, niina.saarto@lumo.fi\n\nDistribution:\n\nNasdaq Helsinki, key media\n\nLumo Homes plc is Finland’s largest residential real estate company and a\nbold innovator in urban living. Our homes are located in the largest growth\ncentres, with excellent transport connections and diverse services nearby. We\ninvest in sustainable, modern and digital solutions that make life in a rental\nhome smooth and flexible. We create better urban living by delivering the best\ncustomer experience. Lumo – simply the right home.\n\nLumo Homes plc's shares are listed on the official list of Nasdaq Helsinki.\nFor more information: https://yritys.lumo.fi/en \n\nDisclaimer\n\nThis release is for information purposes only and is not to be construed as an\noffer to purchase or sell or a solicitation of an offer to purchase or sell\nwith respect to any securities of Lumo Homes plc (“Lumo”), including the\nNotes (as defined above), to any person in any jurisdiction in which such\noffer, solicitation or sale would be unlawful. The distribution of this\nrelease and the related material concerning the Notes may, in certain\njurisdictions, be restricted by law. No actions have been taken to register or\nqualify the Notes, or otherwise to permit a public offering of the Notes, in\nany jurisdiction. Any offering material or documentation related to the Notes\nmay be received only in compliance with applicable exemptions or restrictions.\nPersons into whose possession this release or any such offering material or\ndocumentation may come are required to inform themselves of and observe all\nsuch restrictions. This release and any such offering material or\ndocumentation may not be distributed or published in any country or\njurisdiction if to do so would constitute a violation of the relevant laws of\nsuch jurisdiction or would require actions under the laws of a state or\njurisdiction. In particular this release and any such offering material or\ndocumentation may not be distributed in the United States, Australia, Canada,\nHong Kong, Japan, New Zealand, Singapore, South Africa or any other\njurisdiction in which it would not be permissible to offer the Notes and this\nrelease and any related material concerning the issuance of the Notes may not\nbe sent to any person in the beforementioned jurisdictions. Neither Lumo, the\njoint lead managers appointed with respect to the Notes, nor their\nrepresentatives accept any legal responsibility for any violation by any\nperson, whether or not the persons contemplating investing in or divesting\nLumo’s securities including the Notes are aware of such restrictions.\n\nThe Notes have not been and will not be registered under the U.S. Securities\nAct of 1933 (the “Securities Act”), or under the securities laws of any\nstate or other jurisdiction of the United States. The Notes may not be\noffered, sold, pledged or otherwise transferred directly or indirectly within\nthe United States or to, or for the account or benefit of, U.S. Persons (as\nsuch term is defined in Regulation S under the Securities Act).\n\nThis announcement is not directed at retail clients in the European Economic\nArea (“EEA”) or in the United Kingdom (the “UK”). The Notes are not\nintended to be offered, sold or otherwise made available to and should not be\noffered, sold, distributed or otherwise made available to any retail investor\nin the EEA or in the UK. For these purposes, a retail investor in the EEA\nmeans a person who is one (or more) of: (i) a retail client as defined in\npoint (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID\nII”); or (ii) a customer within the meaning of Directive (EU) 2016/97, where\nthat customer would not qualify as a professional client as defined in point\n(10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined\nin Regulation (EU) 2017/1129 (as amended, the “Prospectus Regulation”),\nand a retail investor in the UK means a person who is one (or more) of: (i) a\nretail investor means a person who is not a professional client, as defined in\npoint (8) of Article 2(1) of Regulation (EU) No 600/2014  as it forms part of\ndomestic law by virtue of the European Union (Withdrawal) Act 2018 (the\n“EUWA”); or (ii) not a qualified investor as defined in paragraph 15 of\nSchedule 1 to the Public Offers and Admissions to Trading Regulations 2024.\nConsequently no key information document/disclosure document required by\nRegulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) or the\nFCA Product Disclosure Sourcebook (“DISC”) for offering selling, or\ndistributing the Notes or otherwise making them available to retail investors\nin the EEA or in the UK has been prepared and therefore offering or selling\nthe Notes or otherwise making them available to any retail investor in the EEA\nor in the UK may be unlawful under the PRIIPs Regulation and/or the DISC and\nthe Consumer Composite Investments (Designated Activities) Regulations 2024.\n\nMIFID II product governance / Professional investors and ECPs only target\nmarket – Solely for the purposes of each manufacturer’s product approval\nprocess, the target market assessment in respect of the Notes has led to the\nconclusion that: (i) the target market for the Notes is eligible\ncounterparties and professional clients only, each as defined in MiFID II; and\n(ii) all channels for distribution of the Notes to eligible counterparties and\nprofessional clients are appropriate. Any person subsequently offering,\nselling or recommending the Notes (a “distributor”) should take into\nconsideration the manufacturers’ target market assessment; however, a\ndistributor subject to MiFID II is responsible for undertaking its own target\nmarket assessment in respect of the Notes (by either adopting or refining the\nmanufacturers’ target market assessment) and determining appropriate\ndistribution channels.\n\nUK MiFIR product governance – The target market for the Notes is eligible\ncounterparties, as defined in the FCA Handbook Conduct of Business\nSourcebook), and professional clients only (all distribution channels), as\ndefined in Regulation (EU) No 600/2014 as it forms part of domestic law by\nvirtue of the EUWA (UK MiFIR).\n\nThe information provided in this release and any offer materials relating to\nthe Notes are addressed to and directed only at persons in the United Kingdom\n(a) that have professional experience in matters relating to investments\nfalling within Article 19(5) of the Financial Services and Markets Act 2000\n(Financial Promotion) Order 2005 (the “Order”), (b) falling within Article\n49(2)(a) to (d) (“high net worth companies, unincorporated associations\netc.”) of the Order, (c) to whom this announcement may otherwise be directed\nwithout contravention of Section 21 of the FSMA or (d) to whom this\nannouncement may otherwise be lawfully communicated (all such persons together\nbeing referred to as “relevant persons”). This release is directed only at\nrelevant persons and any person who is not a relevant person must not act or\nrely on this document or any of its contents.\n\nhttps://news.cision.com/lumo-homes-plc/r/lumo-homes-plc-has-completed-the-issue-of-its-eur-300-million-bond-under-its-emtn-programme%2Cc4351081\n\n\n\n(c) Copyright Waymaker BIT News - Cision 2026"},"type":"article","timestamp":"2026-05-20T13:00:08.600209104Z","server_sent_at_ms":1779282008600},"received_at":"2026-05-20T13:00:08.663Z","source_url":"https://news.cision.com/lumo-homes-plc/r/lumo-homes-plc-has-completed-the-issue-of-its-eur-300-million-bond-under-its-emtn-programme%2Cc4351081"},"analysis":{"id":"30248","press_release_id":"40809","analysis_json":{"industry":{"label":"Equity Real Estate Investment & Trusts","sector":"Real Estate"},"redFlags":[],"eventType":"debt_offering","narrative":"Lumo Homes completed the issuance of EUR 300 million in senior unsecured notes under its EMTN programme.\n\nThe notes carry a 4.00% fixed coupon, mature in May 2030, and hold a Baa2 rating from Moody's.\n\nProceeds will be used to partially refinance a EUR 600 million acquisition facility drawn earlier this year for the purchase of 4,761 apartments from Varma.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine debt refinancing for acquisition; no material change in capital structure risk."},"keyFigures":{"dealValueUsd":"EUR 300 million","customDimensions":{"coupon":"4.000%","rating":"Baa2","maturity":"4 years","maturity_date":"20 May 2030","refinancing_target":"EUR 600 million","emtn_programme_size":"EUR 2,500,000,000"}},"quotedText":"Lumo Homes plc has today completed the issue of EUR 300 million senior unsecured notes (the “Notes”) under its EMTN programme.","namedEntities":{"people":[{"name":"Erik Hjelt","role":"CFO"},{"name":"Niina Saarto","role":"Director, Treasury & Investor Relations"}],"products":[],"companies":[{"name":"Lumo Homes plc","ticker":"LUMO","relationship":"issuer"},{"name":"Goldman Sachs International","relationship":"joint lead manager"},{"name":"Nordea","relationship":"joint lead manager"},{"name":"SEB","relationship":"joint lead manager"},{"name":"Moody's","relationship":"rating agency"},{"name":"Varma","relationship":"seller of acquired portfolio"},{"name":"Euronext Dublin","relationship":"exchange"}],"dollarAmounts":[{"amount":"EUR 300 million","context":"bond issuance amount"},{"amount":"EUR 2,500,000,000","context":"EMTN programme size"},{"amount":"EUR 600 million","context":"acquisition financing facility being refinanced"}]},"materialImpact":{"score":2,"reasoning":"Completion of a EUR 300M bond issuance under an existing EMTN program. This is a routine refinancing activity to pay down acquisition debt, not a new capital raise for growth or distress. The Baa2 rating and 4% coupon are standard for the sector."},"tickerRelevance":{"others":[],"primary":"LUMO"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"routine_debt_refinancing","sectorWeight":"Real Estate","householdBrandBoost":0,"marketCapAdjustment":"neutral"}},"event_type":"debt_offering","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Lumo Homes completed the issuance of EUR 300 million in senior unsecured notes under its EMTN programme.\n\nThe notes carry a 4.00% fixed coupon, mature in May 2030, and hold a Baa2 rating from Moody's.\n\nProceeds will be used to partially refinance a EUR 600 million acquisition facility drawn earlier this year for the purchase of 4,761 apartments from Varma.","key_figures":{"dealValueUsd":"EUR 300 million","customDimensions":{"coupon":"4.000%","rating":"Baa2","maturity":"4 years","maturity_date":"20 May 2030","refinancing_target":"EUR 600 million","emtn_programme_size":"EUR 2,500,000,000"}},"named_entities":{"people":[{"name":"Erik Hjelt","role":"CFO"},{"name":"Niina Saarto","role":"Director, Treasury & Investor Relations"}],"products":[],"companies":[{"name":"Lumo Homes plc","ticker":"LUMO","relationship":"issuer"},{"name":"Goldman Sachs International","relationship":"joint lead manager"},{"name":"Nordea","relationship":"joint lead manager"},{"name":"SEB","relationship":"joint lead manager"},{"name":"Moody's","relationship":"rating agency"},{"name":"Varma","relationship":"seller of acquired portfolio"},{"name":"Euronext Dublin","relationship":"exchange"}],"dollarAmounts":[{"amount":"EUR 300 million","context":"bond issuance amount"},{"amount":"EUR 2,500,000,000","context":"EMTN programme size"},{"amount":"EUR 600 million","context":"acquisition financing facility being refinanced"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-20T13:05:12.646Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"routine_debt_refinancing","sectorWeight":"Real Estate","householdBrandBoost":0,"marketCapAdjustment":"neutral"}},"durationMs":46909,"modelName":"george-droid-qwen-72b"}}