Oma Savings Bank Plc issues a EUR 250 million covered bond in a tap issue
Summary
OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 24 MAY 2024 AT 15:00 P.M. EET, OTHER INFORMATION DISCLOSED TO THE RULES OF THE EXCHANGENOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UK, UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES, THE TENDER OFFER OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.Oma Savings Bank Plc (OmaSp or Company) issues a EUR 250 million covered bond in a tap issue. The final terms for the increase of the loan to be issued are available in English on the Companys website estimated at 31 May 2024.OmaSp will apply for admission of the covered bond to public trading on the Nasdaq Helsinki Ltd stock exchange.The Joint Lead Manager of the issue is Danske Bank A/S. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners products. OmaSp is also engaged in mortgage banking operations.OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility.