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News  ›  GlobeNewswire Inc.

Ålandsbanken Abp emitterar masskuldebrev i form av primärkapitaltillskott (Additional Tier 1) om 350 000 000 SEK

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Ulf Bäckström
Ålandsbanken Abp emitterar masskuldebrev i form av primärkapitaltillskott (Additional Tier 1) om 350 000 000 SEK

Ålandsbanken Abp plans to issue subordinated debt notes (Additional Tier 1) worth 350 million SEK with a variable interest rate based on 3-month STIBOR plus 3.35 percentage points. The notes have an indefinite maturity, and proceeds will be used for general business purposes.

Insights
CpN   neutral

Mentioned as a top holding in Patient Capital's portfolio with $133.01 million investment, no specific performance details provided


NRDBY   neutral

Mentioned as the main arranger of the bond issuance, playing a standard intermediary role