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Pohjola Pankki Oyj: Pohjola Bank plc to redeem its 60-million euro hybrid bond

Pohjola Bank plc

Stock exchange release
11 January 2016 at 15.00 pm EET

Pohjola Bank plc to redeem its 60-million euro hybrid bond

Pohjola Bank plc will redeem its 60-million euro hybrid bond with perpetual
maturity issued in November 2005. It will be redeemed early, according to the
bond terms and conditions, on the interest payment date of 28 February 2016.

This redemption will have no effects on Pohjola Group's or OP Financial
Group's capital adequacy.

Pohjola Bank plc
Carina Geber-Teir
Executive Vice President, Corporate Communications

For more information, please contact:
Harri Luhtala, CFO, tel. +358 (0)10 25 22433
Elina Ronkanen-Minogue, Head of Asset and Liability Management and Group
Treasury, tel. +358 (0)10 25 28767
Lauri Iloniemi, Head of Group Funding, tel. +358 (0)10 25 23541

NASDAQ Helsinki
LSE London Stock Exchange
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Major media and

Pohjola is part of the leading Finnish customer-owned financial services
group, OP Financial Group.
It provides its customers with banking, non-life insurance and asset
management services.
Pohjola acts as OP's central bank and is responsible, together with OP
Mortgage Bank, for OP's funding in money and capital markets.
As laid down in the applicable law, Pohjola, its parent company OP Cooperative
and other OP Financial Group member credit institutions are ultimately
jointly and severally liable for each other's debts and commitments.
The joint liability within OP Financial Group is based on the Finnish Act on
the Amalgamation of Deposit Banks Act (Laki talletuspankkien


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pohjola Pankki Oyj via Globenewswire


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