Lumo Homes plc's issue of EUR 300 million bond successfully priced under its EMTN programme

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.