Bank of Åland Plc: Early repayment of Additional Tier 1 Notes 1/2021 on 24 March 2026
Globenewswire·2026-02-12 07:00
Core Viewpoint - Bank of Åland has announced the early repayment of its SEK 300,000,000 Additional Tier 1 Perpetual Capital Notes, with the repayment scheduled for 24 March 2026 following the approval from the Finnish Financial Supervisory Authority [1][2]. Group 1 - Bank of Åland issued SEK 300,000,000 in Additional Tier 1 capital on 24 March 2021, which includes an early redemption option after five years [1]. - The bank has received the necessary approval to redeem the Notes in full at the next interest payment date, which is 24 March 2026 [2]. - An application will be submitted to Nasdaq Helsinki to delist the Notes following their repayment [3].