Finnvera Oyj
Finnvera issued a EUR 750 million 15-year bond
Finnvera Oyj / Issue of Debt Finnvera issued on 10th May 2017 a EUR 750 million 15-year bond. The subscriptions quickly rose to about EUR 1.5 billion with over 50 investors. The 15 year bond issue was Finnveraâs longest so far. Lead managers for the issue were Citi, Deutsche Bank and Goldman Sachs. The greatest demand came from investors in Germany and France. Finnvera uses the funds for financing the domestic SME sector as well as export credits. The bond was issued under Finnveraâs EMTN (Euro Medium Term Note) programme. The programme is guaranteed by the State of Finland. The rating of Finnveraâs EMTN Programme corresponds to the rating assigned to the State of Finland for its long-term liabilities. The rating given by Moodyâs to Finnvera is Aa1 and that given by Standard & Poorâs is AA+.
Additional information:
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Finnvera Oyj |
Finland | |
ISIN: | XS0852098929 |
Category Code: | IOD |
TIDM: | FVA |
Sequence No.: | 4186 |
End of Announcement | EQS News Service |