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2011-06-28 14:21:42 CEST 2011-06-28 14:22:05 CEST REGULATED INFORMATION Pohjola Pankki Oyj - Company AnnouncementCorrection: Pohjola Bank plc to Issue Lower Tier 2 Subordinated Notes of CHF 100 millionPohjola Bank plc Company Release Release category: Company Announcement 28 June 2011, 3.00 pm Pohjola Bank plc to Issue Lower Tier 2 Subordinated Notes of CHF 100 million Pohjola Bank plc will issue Lower Tier 2 subordinated notes of CHF 100 million with a maturity of 10 years on or about 14 July 2011. An application will be made for the notes to be admitted to trading on the SIX Swiss Exchange. The terms and conditions do not allow any early redemption of the notes. The notes will increase Pohjola Group's capital adequacy ratio (pro forma) by 0.6 percentage points, Tier 1 ratio by 0.2 percentage points and capital adequacy under the Act on the Supervision of Financial and Insurance Conglomerates by 0.06. On 31 March 2011, Pohjola Group's capital adequacy ratio stood at 12.2%, Tier 1 ratio at 12.2% and capital adequacy under the Act on the Supervision of Financial and Insurance Conglomerates at 1.58. Carina Geber-Teir Chief Communications Officer FOR MORE INFORMATION, PLEASE CONTACT: Vesa Aho, CFO, tel. +358 (0)10 252 2336 Hanno Hirvinen, Executive Vice President, tel. +358 (0)10 252 2221 DISTRIBUTION NASDAQ OMX Helsinki London Stock Exchange Major media op.fi, pohjola.fi [HUG#1526629] |
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