IFLR1000

Säästöpankkien Keskuspankki €500 million and €250 million debt issuances

8/4/2015
Investment grade bond/note issue
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€ 750 million

$ 794.512 million

Completed

8/4/2015

Overview:

  • Säästöpankkien Keskuspankki, the Finnish central bank of savings banks, issued a five-year senior unsecured €500 million benchmark bond and €250 medium term notes, listed the Irish Stock Exchange.
  • Both issues were carried out under the bank's €2 billion EMTN programme.
  • Säästöpankkien Keskuspankki is part of the European Savings and Retail Banking Group, a finance group and an amalgamation formed by 23 banks and the Savings Banks Union.

Wai Yee Tsang - Journalist

Jurisdictions:

Finland
Ireland
United Kingdom

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Banking

Firms:
Castrén & Snellman

Party: Säästöpankkien Keskuspankki (Issuer)

Lawyer: Merja Kivelä

Clifford Chance

Party: Nordea Bank (Arranger)

Party: Crédit Agricole Corporate and Investment Bank (Dealer)

Party: Deutsche Bank (Dealer)

Party: Danske Bank (Dealer)

Party: Landesbank Baden-Wuerttemberg (Dealer)

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