Commentary & Deal Flow

Luminor Bank AS (ticker: "LUMINO"), expected to be rated Aaa by Moody's, has mandated ABN AMRO, Erste Group, Luminor Markets, Nordea and NORD/LB as joint bookrunners to arrange a series of fixed income 1-on-1 calls to be scheduled upon request. An electronic investor presentation will be made available.

An expected €500m (no-grow), Reg S Bearer, Soft Bullet Covered Bond 3.5yr € offering will follow, subject to market conditions. The issue will be labelled as European Covered Bond (Premium), ECB eligible, LCR Level 1, beneficial treatment under CRR Art.129 expected and Solvency II.

Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in the EEA.

• Investor Presentation: https://luminor.ee/investors#presentations
• Covered Bond EMTN Base Prospectus: https://luminor.ee/s3fs-public/documents/base-prospectus.pdf
• Reports: https://luminor.ee/investors#covered-bonds
• Ratings: https://luminor.ee/investors#rating