Bank of Åland Plc: Early repayment of Bank of Åland subordinated notes maturing in 2038
12 April 2023 - 4:00PM
Bank of Åland Plc: Early repayment of Bank of Åland subordinated
notes maturing in 2038
Bank of Åland PlcOther information disclosed according to the
rules of the ExchangeApril 12, 2023, 9.00 EET
Early repayment of Bank of Åland
subordinated notes maturing in
2038
On May 15, 2018, the Bank of Åland Plc
(Ålandsbanken Abp) issued subordinated notes maturing in 2038
(SE0011116037). Under the terms of these subordinated notes, the
Bank has the right to carry out early repayment of the subordinated
notes no earlier than May 15, 2023 and thereafter on each interest
payment date. The Bank will exercise its redemption right in
connection with the next interest payment and will carry out early
repayment of the subordinated notes maturing in 2038.
The subordinated notes maturing in 2038 will be
repaid to creditors on the interest payment date May 15, 2023.
For further information, please
contact:
Peter Wiklöf, Managing Director and Chief Executive, Bank of
Åland Plc, tel. +358 40 512 7505
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