Grandma Savings Bank Plc issues a EUR 150 million covered bond

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OMA SAVINGS BANK PLC, STOCK EXCHANGE PUBLICATION JUNE 8, 2021 AT 4:20 PM ET, FURTHER INFORMATION IN THE EXCHANGE RULES

Grandma Savings Bank Plc gives a. out EUR 150 million Pfandbrief in a tip edition

NOT FOR PUBLICATION, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND,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 ANY OTHER COUNTRIES IN OR OTHER UNITED STATES OF THE NEW NOTES, OFFERING, RELEASING, PUBLICATION OR DISTRIBUTION would be unlawful.

Oma Savings Bank Plc (“OmaSp” or “Company”) is issuing a Pfandbrief for EUR 150 million in a tap issue. The Pfandbrief will be issued on November 18, 2020 under the same conditions as the Pfandbrief issued by OmaSp and will run until November 25, 2027. The loan to be issued will be combined with the loan on November 18, 2020 and will then form a single covered Bond. The loan has an annual interest rate of 0.01%.

The loan is issued as part of OmaSp’s EUR 3,000,000,000 loan program. The Finnish Financial Supervisory Authority (FIN-FSA) approved the update of the prospectus of Oma Savings Bank on May 28, 2021 and the amendment on June 4, 2021. In the update, the size of the loan program was increased to three billion euros. The prospectus and its supplement are available in English on the Company’s website at https://www.omasp.com/investors. The final terms of the loan to be issued will be available in English on the company’s website, expected June 11, 2021.

OmaSp will apply for admission of the covered bond to public trading on the Nasdaq Helsinki Ltd stock exchange.

The joint lead managers of the issue are Danske Bank A / S and Landesbank Baden-Württemberg. Borenius Rechtsanwälte Ltd. acts as legal advisor.

Grandma Savings Bank Plc

Additional information:
Pasi Sydänlammi, CEO tel. +358 45 6575506
Tony Tötterström, Treasurer tel. +358 50 5306623

Distribution:
Nasdaq Helsinki Ltd
Main media
www.omasp.fi

Grandma Sparkasse in brief
OmaSp is a growing Finnish bank and the largest savings bank in Finland in terms of total assets. Around 300 specialists offer 140,000 private and corporate customers nationwide through OmaSp’s 32 branches and digital service channels. OmaSp focuses primarily on private customer business and offers its customers a wide range of banking services both through its own balance sheet and as an intermediary for the products of its partners. Intermediate products include credit, investment, and credit insurance products. OmaSp is also active in the mortgage banking business.

The core idea of ​​OmaSp is to offer personal service and to be local and close to its customers on both digital and traditional channels. OmaSp strives to offer a first-class customer experience through personal service and easy accessibility. In addition, the development of operations and services is customer-oriented. The staff is committed and OmaSp would like to support their career development with varied tasks and continuous development. A significant part of the staff also owns shares in OmaSp.



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