Sp Mortgage Bank – Issue of EUR 500 Million Covered Bond

We advised Sp Mortgage Bank Plc in the issue of EUR 500 million covered bond. The bond was issued under Sp Mortgage Bank Plc’s EUR 3 billion bond programme and listed on the Irish Stock Exchange.

Sp Mortgage Bank Plc is part of the Savings Banks Group and the Savings Banks Amalgamation. The role of Sp Mortgage Bank Plc is, together with Central Bank of Savings Banks Finland Plc, to be responsible for obtaining funding for the Savings Banks Group from money and capital markets. Sp Mortgage Bank Plc is responsible for the Savings Banks Group’s mortgage-secured funding by issuing covered bonds.