OP Corporate Bank PLC (fka Pohjola Bank PLC) (OPBANK)

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OP Corporate Bank PLC (fka Pohjola Bank PLC) (OPBANK)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	OPBANK	OP Corporate Bank PLC (fka Pohjola Bank PLC)	€500		1	EMEA	Jan 21, 2025

Tranche #1OP Corporate Bank PLC (fka Pohjola Bank PLC)

currency

EUR

size (m)

500.000

maturity

Jan 28, 2035

type

Fixed

tenor

10.000

call

5.00

registration

Reg S Only

benchmark

Swaps

ranking

Tier 2

moody's

Baa1

s&p

A-

fitch

size description

re-open/tap

ipt

MS+165 area

ipt-pxd

-30

guidance

MS+130-140

spread

135

coupon

3.625%

spread set

price

99.55600

yield

book size (m)

1,000

peak book (m)

1,600

x-covered

book attrition

-37.50%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

1,000

peak book (m)

1,600

x-covered

book attrition

-37.50%

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Book size: 1000; First Pay: 2026-01-28; Redemption: 2030-01-28; Registration: Reg S Only; Comments: EUR500m 10NC5 Tier 2 due 01/28/2035, cpn 3.625% at 99.556. Spread: MS+135bps. DBR2.1% Nov29 +142.8bp (Spot 99.111/ HR 100%). Reset Date: 1/28/2030;

Deal Comments

Unsecured Tier 2

Use of Proceeds

General Corporate Purposes

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OP Corporate Bank PLC (fka Pohjola Bank PLC) (OPBANK)

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