Group 1 - Coop Pank AS has decided to redeem early the subordinated bonds issued on 31 March 2021, with a total nominal value of EUR 10,000,000 [1][2] - The early redemption is in accordance with the Prospectus and Terms and Conditions, requiring at least 30 days' notice to investors and prior consent from the financial supervision authority [1] - The Estonian Financial Supervision and Resolution Authority granted consent for the early redemption on 2 March 2026 [1] Group 2 - All 10,000 subordinated bonds, each with a nominal value of EUR 1,000, will be redeemed early, with bondholders receiving EUR 1,004.89 per bond, including accrued interest [2] - The payment date for the redemption will be 2 May 2026, with the record date for bondholders set for 29 April 2026 [3] - Coop Pank is one of the five universal banks in Estonia, with 229,800 clients using its services [3]
Announcement of Early Redemption (incl. Record Date and Payment Date) of Coop Pank Tier 2 Subordinated Bonds
Globenewswire·2026-04-01 05:00