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News  ›  GlobeNewswire Inc.

Ålandsbanken Abp issues SEK 350,000,000 Additional Tier 1 Notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Ulf Bäckström
Ålandsbanken Abp issues SEK 350,000,000 Additional Tier 1 Notes

Ålandsbanken Abp has issued Additional Tier 1 floating rate notes worth SEK 350 million, with a floating interest rate of STIBOR three months plus 3.35% per annum. The notes are perpetual, and proceeds will be used for general corporate purposes.

Insights
AB   positive

Proposed $200,000 Bitcoin target as a conservative estimate, emphasizing institutional adoption and ETF momentum


NRDBY   neutral

Mentioned as lead manager for the note issuance, which is a standard banking role with no inherent sentiment