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Aktia Bank plc: AKTIA BANK TO ISSUE ITS FIRST COVERED BONDS, MOODY’S PROVISIONAL RATING Aaa

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Aktia Bank plc
Stock exchange release
3 June 2013 at 10.00 am

 

 

AKTIA BANK TO ISSUE ITS FIRST COVERED BONDS, MOODY’S PROVISIONAL RATING Aaa

Aktia Bank aims to issue its first covered bonds in June 2013. Moody’s has assigned a provisional Aaa long-term rating to the covered bonds.

In March 2013 The Financial Supervisory Authority granted Aktia Bank Plc concession to operate as mortgage bank under Finnish Act on Mortgage Credit Bank Operation. Aktia Bank plans to be regular issuer of covered bonds.

Aktia Bank has named CA-CIB, JP Morgan, Nordea and Unicredit to act as book-runners. Investor meetings will take place in the near future.

 

AKTIA BANK PLC

Deputy Managing Director, Stefan Björkman, tel. +358 10 247 6595
Head of Covered Bond funding, Timo Ruotsalainen, tel. +358 10 247 7211
Head of Treasury, Anders Ehrström, tel. +358 10 247 6798

Sender:
IR Manager Anna Gabrán, tel. +358 10 247 6501, +358 40 7081807
 

Distribution:
Nasdaq OMX Helsinki,
mass media,

www.aktia.fi

 

Aktia Group provides a broad range of products within banking, insurance and real estate agency.­ Aktia operates  in Finland's coastal areas and inland growth areas. Aktia has some 300,000 customers who are served by 1,000 employees at 60 branch offices and via Internet and telephone services. Aktia's shares are listed on NASDAQ OMX Helsinki Ltd. For more information about Aktia, see www.aktia.fi.