Aktia Real Estate Mortgage Bank issued a covered bond valued at EUR 600 million

Aktia Bank plc  
Press release
17.6.2011 at 1.30 PM

Aktia Real Estate Mortgage Bank issued a covered bond valued at EUR 600 million

Despite the difficult market situation, Aktia Real Estate Mortgage Bank issued a covered bond valued EUR 600 million.

Aktia Real Estate Mortgage Bank carried out its first long-term financial transaction this year when issuing a covered bond on the international capital market. There was a much interest among foreign investors to subscribe, and the oversubscribed loan was increased from EUR 500 million to EUR 600 million. The maturity in this issue is five years.

Aktia Real Estate Mortgage Bank is a Finnish credit institution specialised in mortgage loans. The bank grants loans to private individuals and housing corporations. The bank is co-owned by Aktia Bank plc, 30 savings banks and 36 POP Banks. The savings and local cooperative banks broker Aktia Real Estate Mortgage Bank's mortgages in their respective branches. Aktia Real Estate Mortgage Bank has a credit stock of approximately EUR 3,400 million.

AKTIA BANK PLC

For more information, please contact:
Timo Ruotsalainen, Managing Director of Aktia Real Estate Mortgage Bank, tel. +358 10 247 7211

From:
Göran Stenberg, Head of Communications, tel. +358 10 247 6590