Pohjola Pankki Oyj
Pohjola Bank to Issue an Index-linked Bond in Equity Market
Pohjola Pankki Oyj / 18.02.2010 10:00 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Pohjola Bank plc INVESTOR NEWS 18 February 2010 at 11.00 am Pohjola Bank to Issue an Index-linked Bond in Equity Market On 8 April 2010, Pohjola Bank plc will issue an index-linked bond, Pohjola Tulevaisuus III/2010 (Pohjola Future III/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 Bank's domestic bond programme, with the subscription period beginning on 1 March 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 includes the following 15 companies with the same weightings, selected by Pohjola Research: Home Depot, Walmart, Walt Disney, Nestle, Chevron, BP, Total, Repsol, Novartis, Roche, SAP, Taiwan Semiconductor Manufacturing, Posco, China Mobile and RWE. 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 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. Pohjola Bank plc Carina Geber-Teir Senior Vice President, Corporate communications DISTRIBUTION NASDAQ OMX Helsinki Ltd Major media pohjola.fi, op.fi FOR FURTHER INFORMATION, PLEASE CONTACT Hanno Hirvinen, Executive Vice President, tel. +358 (0)10 252 2221 News Source: NASDAQ OMX 18.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Pohjola Pankki Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0003012088 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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