Advertisement
UK markets closed
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • HANG SENG

    16,385.87
    +134.03 (+0.82%)
     
  • CRUDE OIL

    82.91
    +0.22 (+0.27%)
     
  • GOLD FUTURES

    2,399.30
    +10.90 (+0.46%)
     
  • DOW

    37,926.14
    +172.83 (+0.46%)
     
  • Bitcoin GBP

    51,207.95
    +2,497.38 (+5.13%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    15,733.30
    +49.93 (+0.32%)
     
  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     

Oma Savings Bank Plc issues an unsecured senior-term bond of EUR 150 million as part of a bond program

Oma Säästöpankki Oyj
Oma Säästöpankki Oyj

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 19 SEPTEMBER 2022 AT 16.45 P.M. EET, OTHER INFORMATION DISCLOSED TO THE RULES OF THE EXCHANGE


Oma Savings Bank Plc issues an unsecured senior-term bond of EUR 150 million as part of a bond program

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES, THE TENDER OFFER OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

ADVERTISEMENT

Oma Savings Bank Plc (“OmaSp” or the “Company”) issues an unsecured senior-term bond of EUR 150 million. The maturity date of the bond is 26 September 2024 and the loan has a fixed interest rate.

The loan issuance will take place under OmaSp's EUR 3 billion bond program. On 2 September 2022, the Finnish Financial Supervisory Authority FIN-FSA has approved for the Company's bond program the Supplement to the basic prospectus and the Supplement No 2 to the basic prospectus on 14 September 2022.

The final terms of the bond are available in English on the Company's website at https://www.omasp.fi/investors estimated at 22 September 2022.

OmaSp will apply for admission of the bond to public trading on Nasdaq Helsinki Ltd stock market listing.

The Joint Lead Managers of the issue are Danske Bank A/S, Landesbank Baden-Württemberg (LBBW) ja Nordea Bank Abp. Law firm Borenius Attorneys Ltd is acting as legal advisor.


Oma Savings Bank Plc


Additional information:
Pasi Sydänlammi, CEO tel. +358 45 657 5506
Sarianna Liiri, CFO tel. +358 40 835 6712

Distribution:
Nasdaq Helsinki Ltd
Major media
www.omasp.fi

Oma Savings Bank in short
OmaSp is a growing Finnish bank and the largest savings bank in Finland based on total assets. About 330 professionals provide nationwide services through OmaSp’s 35 branch offices and digital service channels to 160,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.