Ålandsbanken
10.11.2026 14:00:00 CET | Globenewswire | Press release
Bank of Åland Plc: Early repayment of Tier 2 Notes RB15 on 16 December 2026
Bank of Åland Plc: Early repayment of Tier 2 Notes RB15 on 16 December 2026
Bank of Åland Plc
Other information disclosed according to the rules of the Exchange
November 10, 2026, 15.00 EET
Early repayment of Bank of Åland’s SEK 150,000,000 Green Floating Tier 2 Notes
On 16 December 2021, the Bank of Åland Plc (“Bank of Åland”) issued subordinated Tier 2 capital instruments with an aggregate nominal amount of SEK 150,000,000, a 20-year maturity and an early redemption option exercisable five years after the issue date (Ålandsbanken SEK 150,000,000 Green Floating Tier 2 Notes RB15, ISIN: SE0016274294) (the “Notes”)
In accordance with the terms and conditions of the Notes, and subject to approval from the competent authority, the Bank of Åland has the right to redeem the Notes in full at the earliest on 16 December 2026 and on each subsequent interest payment date. The Bank of Åland has obtained the required approval from the Finnish Financial Supervisory Authority and will exercise its right to early redemption the Notes in connection with the next interest payment.
The Notes will be repaid in full to noteholders on the next interest payment date, 16 December 2026.
An application will be submitted to Nasdaq Helsinki to delist the Notes.
For further information, please contact:
BANK OF ÅLAND PLC
Ulf Bäckström
Head of Treasury
ulf.backstrom@alandsbanken.fi
+358 20 429 3684
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