Oma Savings Bank Plc issues EUR 50 million senior unsecured term bond as part of bond programme

Oma Savings Bank Plc issues EUR 50 million senior unsecured term bond as part of bond programme

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 OTHER COUNTRIES OR OTHERWISE IN ANY CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW BONDS, THE TENDER OFFER OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Oma Savings Bank Plc (“OmaSp” or the “Company”) is issuing a EUR 50 million unencumbered senior term bond. The bond matures on 27 February 2026 and the loan is a zero coupon bond. The ISIN code of the bond is FI4000577960.

The loan is issued under OmaSp’s EUR 3,000,000,000 bond program. The Finnish Financial Supervisory Authority (FIN-FSA) approved Oma Savings Bank’s base prospectus on March 27, 2024 and the supplement on May 24, 2024 (“Supplement 1”) and August 14, 2024 (“Supplement 2”). The supplement documents and the final terms are available on the Company’s website at https://www.omasp.fi/en/investors.

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

The Dealer and Placement Agent for the issue is SFI Markets and the Sole Lead Manager is Danske Bank A/S. Borenius Attorneys Ltd is acting as legal advisor.

Grandma Savings Bank Plc

Additional information:
Sarianna Liiri, CEO, tel. +358 40 835 6712, [email protected]

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

Grandma Savings Bank in brief
OmaSp is a solvent and profitable Finnish bank. Approximately 500 professionals provide nationwide services through OmaSp’s 45 branches and digital service channels to more than 200,000 private and corporate customers. OmaSp focuses primarily on retail banking activities and offers its customers a wide range of banking services both through its own balance sheet and by acting as an intermediary for its partners’ products. The products intermediaries include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking activities.

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