H&M Lines Up First Bond in Two Years After Bumper Earnings

Fast-fashion retailer Hennes & Mauritz AB is lining up its first bond sale in two years, just weeks after its shares surged following better-than-expected quarterly earnings.

The Swedish retailer plans to sell a €500 million ($583 million) 8-year senior unsecured bond, with proceeds to be used for general corporate purposes, according to a person familiar with the matter who asked not to be identified. It will hold calls with investors on Monday and Tuesday, with the sale expected thereafter.