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 OR SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
POP Mortgage Bank Plc issues a covered bond of EUR 250 million. The bond has a maturity date of 15 October 2029 and the bond is with fixed interest rate. The ISIN code of the bond is FI4000581715.
The issue of the bond will take place under POP Mortgage Bank Plc’s EUR 1.5 billion bond program. The Finnish Financial Supervisory Authority (FIN-FSA) has approved the prospectus for the company’s bond program on 24 April 2024 and the supplement to the prospectus on 30 August 2024.
The final terms of the bond to be issued are available in English on the company’s website https://www.poppankki.fi/en/investors/information-for-investors/investor-relations estimated at 15 October 2024.
POP Mortgage Bank Plc will apply for admission of the bond to public trading on the Nasdaq Helsinki Ltd stock exchange.
The Joint Lead Managers of the issue are Danske Bank A/S, Landesbank Hessen-Thüringen Girozentrale (Helaba) and Skandinaviska Enskilda Banken Ab (Publ). Borenius Attorneys Ltd acts as legal advisor.
POP Mortgage Bank Plc
For more information:
Timo Hulkko, CEO of POP Mortgage Bank Plc, tel. +358 500 894008
Tony Tötterström, Deputy CEO of POP Mortgage Bank Plc, tel. +358 50 5306623
Distribution:
Nasdaq Helsinki Ltd
Major media
POP Mortgage Bank Plc is a subsidiary wholly owned by POP Bank Centre coop and it also belongs to amalgamation of POP Banks. POP Mortgage Bank Plc is responsible for the POP Bank Group’s secured funding by issuing covered bonds.
IMPORTANT INFORMATION
The information contained herein is 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, Singapore, South Africa or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions. None of POP Mortgage Bank Plc (the “Company”), Danske Bank A/S, Landesbank Hessen-Thüringen Girozentrale (Helaba) and Skandinaviska Enskilda Banken Ab (Publ) or their respective representatives accept any legal responsibility for any violation by any person, whether or not the persons contemplating investing in the Company’s securities are aware of such restrictions.
This announcement does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This announcement does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Accordingly, this announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of this announcement as a financial promotion may only be distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as “Relevant Persons”). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents.
PROFESSIONAL INVESTORS ONLY – Manufacturer’s target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).