Ålandsbanken dual tranche covered bond issues

1/5/2015
Covered bond issue

€ 2.25 billion

$ 2.5 billion

Completed

1/5/2015


Overview:

  • Ålandsbanken updated its €1 billion medium term note programme by increasing it to €2 billion and establishing a new Swedish cover pool for it.
  • Ålandsbanken is one of the few Finnish banks which has a foreign cover pool in its EMTN and covered bond programme.

Wai Yee Tsang - Journalist

Jurisdictions:

Finland
United Kingdom

Deal type:

Covered bond issue

Practice area:

Capital markets : Debt

Governing laws:

England and Wales
Finland

Industry sector:

Banking


Firms:

Party: Ålandsbanken (Issuer)