15.3.2018

Central Bank of Savings Banks Finland – Update of EMTN Programme and Issue of EUR 300 Million Notes

We advised the Central Bank of Savings Banks Finland Plc in the update of a EUR 2,000,000,000 Euro Medium Term Note Programme (EMTN). Under the EMTN Programme, the Central Bank of Savings Banks Finland Plc may issue medium term notes that may be listed on the Irish Stock Exchange.

The Central Bank of Savings Banks Finland Plc issued senior unsecured floating rate notes in March 2018 in the aggregate principal amount of EUR 300 million due 8 March 2021. The issuance was documented under the EMTN Programme and listed on the Irish Stock Exchange.

The Central Bank of Savings Banks Finland Plc is a part of the Savings Banks Group and the Savings Banks Amalgamation. The role of the Central Bank of Savings Banks Finland Plc is to operate as the central credit institution of the Savings Banks Group.