Pohjola Bank plc to redeem its 60-million euro hybrid bond
(Thomson Reuters ONE) -
Pohjola Bank plc
Stock exchange release
11 January 2016 at 15.00 pm EET
Pohjola Bank plc to redeem its 60-million euro hybrid bond
Pohjola Bank plc will redeem its 60-million euro hybrid bond with perpetual
maturity issued in November 2005. It will be redeemed early, according to the
bond terms and conditions, on the interest payment date of 28 February 2016.
This redemption will have no effects on Pohjola Group's or OP Financial Group's
capital adequacy.
Pohjola Bank plc
Carina Geber-Teir
Executive Vice President, Corporate Communications
For more information, please contact:
Harri Luhtala, CFO, tel. +358 (0)10 25 22433
Elina Ronkanen-Minogue, Head of Asset and Liability Management and Group
Treasury, tel. +358 (0)10 25 28767
Lauri Iloniemi, Head of Group Funding, tel. +358 (0)10 25 23541
Distribution
NASDAQ Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi and pohjola.fi
Pohjola is part of the leading Finnish customer-owned financial services group,
OP Financial Group. It provides its customers with banking, non-life insurance
and asset management services. Pohjola acts as OP's central bank and is
responsible, together with OP Mortgage Bank, for OP's funding in money and
capital markets. As laid down in the applicable law, Pohjola, its parent company
OP Cooperative and other OP Financial Group member credit institutions are
ultimately jointly and severally liable for each other's debts and commitments.
The joint liability within OP Financial Group is based on the Finnish Act on the
Amalgamation of Deposit Banks Act (Laki talletuspankkien yhteenliittymästä).
www.pohjola.com
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Pohjola Pankki Oyj via GlobeNewswire
[HUG#1977958]
Unternehmensinformation / Kurzprofil:
Datum: 11.01.2016 - 14:00 Uhr
Sprache: Deutsch
News-ID 443416
Anzahl Zeichen: 2432
contact information:
Town:
POHJOLA
Kategorie:
Business News
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"Pohjola Bank plc to redeem its 60-million euro hybrid bond"
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