S-Bank Plc, Stock exchange release, 8 June 2022 at 11.00 am
NOT TO BE PUBLISHED OR DISTRIBUTED, IN FULL OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, JAPAN, NEW ZEALAND, SINGAPORE OR ANY OTHER COUNTRY IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
S-Bank Plc (hereinafter “S-Bank” or the “Company”) will issue an increase of EUR 50 million in the original amount of its bond (tap issue).
The tap issue concerns the Senior Preferred MREL Eligible Notes serial bonds in the original amount EUR 170 million issued on 4 October 2021 and maturing on 4 April 2025. The tap issue will be combined with the Senior Preferred MREL Eligible Notes 1/2021 (FI4000512058), after which they will form a single bond. After the increase, the capital of the bond will be EUR 220 million.
On 8 June 2022, S-Bank filed an application with Nasdaq Helsinki to have the tap issue accepted for trading.
The issue is taking place under S-Bank’s EUR 1.5 billion Medium Term Note (MTN) programme. The Financial Supervisory Authority approved the English-language prospectus concerning the bond programme on 9 May 2022. The prospectus is available on the Company’s website at s-pankki.fi/investors. The final terms and conditions concerning the tap issue are expected to be available on the website on 8 June 2022.
The arranger of the issue is Danske Bank A/S, with Castrén & Snellman as the legal advisor.
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This communication does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Consequently, this communication is directed only at persons in the United Kingdom in circumstances where provisions of section 21(1) of the Financial Services and Markets Act 2000, as amended, do not apply and are solely directed at persons in the United Kingdom who, (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order and (iii) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). This release is directed only at relevant persons and any person who is not a relevant person must not act or rely on this release or any of its contents.
- Hanna Porkka, Interim CEO, EVP, Wealth Management, +358 10 768 2100, email@example.com
About S-Bank Plc
S-Bank is a Finnish bank that wants to help everyone achieve a slightly more affluent tomorrow, regardless of the size of their wallet. At S-Bank, expertise means that we understand the economy and people: as part of the S Group, we know the everyday lives of our 3.1 million customers. We are changing the banking sector by offering superior ease and benefits by offering both banking and retail services. www.s-pankki.fi