Pohjola to Issue Index-linked Bond in Equity Market

Wednesday, 28. December 2011 08:01
Press release, 28 December 2011

On 15 February 2012, Pohjola Bank plc will issue an index-linked bond, Pohjola
Pohjoismaat II/2012 (Pohjola Nordic Countries II/2012), 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 2 January 2012.

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 10 companies with the same
weightings, selected by Pohjola Research:
Ericsson, Nordea, Hennes & Mauritz, Telenor, Statoil, Novo Nordisk, Moeller-
Maersk, Carlsberg, Metso 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

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Related Links: Pohjola Pankki
Author:
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