Pohjola to Issue Index-linked Bond in Equity Market

Monday, 18. October 2010 08:30
Pohjola Bank plc
Press release
18 October 2010

On 9 December 2010, Pohjola Bank plc will issue an index-linked bond, Pohjola
Menestyjät IX/2010 (Pohjola Nordic Winners IX/2010), with a maximum nominal
volume of EUR 40 million. Targeted at retail investors, the bond with a maturity
of five years will be issued under Pohjola's domestic bond programme, with the
subscription period beginning on 25 October 2010.

The bond alternatives are Neutral and Plus with issue prices of 100% and 110%.
The index-linked yield is calculated by multiplying the return rate by the
relative positive change between the initial and final value of the equity
basket formed by quoted company shares.

The equity basket index comprises the following 12 companies with the same
weightings, selected by Pohjola Research: Hennes & Mauritz, LM Ericsson,
TeliaSonera, Novo Nordisk, Carlsberg, A.P. Moller-Maersk, Statoil, DnB NOR,
Nokia, Fortum, Sampo and UPM-Kymmene.

Pohjola Bank plc will act as the manager of the issue and the bond will be
listed on NASDAQ OMX Helsinki Ltd, provided that the volume issued is at least
the minimum as specified in the Rules and Regulations of NASDAQ OMX Helsinki.
The branches of OP-Pohjola Group member banks and op.fi/joukkolainat will serve
as subscription agents.

For more information, please contact: Mr Hanno Hirvinen, Executive Vice
President, tel. +358 (0)10 252 2221


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Source: Pohjola Pankki Oyj via Thomson Reuters ONE
Related Links: Pohjola Pankki
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