Commentary & Deal Flow

Final Books: Final books in excess of €1.4bn excl. JLM

Launched: 5yr: €1bn @ MS+8bp - Books over €1bn (excl. JLM)
Guidance: 5yr: MS+8a

• Issuer: Finnvera (FINNVE) (Finland's Export Credit and SME Financing Agency and guaranteed by the Republic of Finland)
• Issuer rating: Aa1/AA (Stable/Stable - Moody's/Fitch)
• Format: Reg S Bearer
• Size: €1bn
• Maturity: 7-Oct-31 (5Y)
• Settlement: 7-Oct-26 (T+5)
• Coupon: Fixed, Ann, ACT/ACT ICMA
• Spread Set: MS+8bp
• Governing Law: English
• Listing: Nasdaq Helsinki
• Denoms: €100k / €1k
• ISIN: XS3528428009
• Docs: Issuer's EMTN Programme
• Target Market: Eligible counterparties and professional clients only (all distribution channels)
• Leads: CACIB / DZ Bank / Nordea / TD Securities
• Fees: A fee will be paid in connection to the transaction
• Timing: Books Open, Today's business
• Books to Close: 12.00 CET / 11.00 UKT
• Hedge Ratio: 100% vs OBL #194 2.9 10-Aug-31
• Hedge Deadline: 12:50 LDN / 13:50 CET
• Roles: CACIB DM / B&D