Ålandsbanken Issues SEK 250 Million in Tier 2 Notes

Ålandsbanken Abp has successfully issued SEK 250 million in Tier 2 notes, marking a significant move in its capital strategy. The issue, which will mature on December 8, 2036, will carry a floating interest rate of 3-month STIBOR plus 155 basis points per annum. This issuance is part of the bank's broader EUR 2 billion capital market program, which was approved by the Finnish Financial Supervisory Authority on August 28, 2026.

According to Ulf Bäckström, Head of Treasury at Ålandsbanken, "This Tier 2 note issuance is a strategic step for us to strengthen our capital base and support our ongoing business operations. We aim to use the proceeds for general corporate purposes, ensuring the bank's financial resilience and stability."

The Tier 2 notes, carrying the ISIN code SE0013362951, will be listed on the official list of Nasdaq Helsinki Ltd. The final terms and conditions will be published on the bank's website. Nordea Bank Abp has been appointed as the lead manager for this issue, overseeing the entire process.

Bäckström emphasized that the bank is committed to adhering to all necessary regulatory guidelines and international securities laws. He noted, "We are well aware of the legal and regulatory requirements and are taking all necessary steps to ensure compliance."

For more information, interested parties can visit Ålandsbanken’s website at <https://www.alandsbanken.com/about-us/debt-investors/debt-securities-documentation>. For any inquiries, individuals can contact Ulf Bäckström at [email protected] or via telephone at +358 20 429 3684.

This issuance underscores Ålandsbanken's ongoing efforts to diversify its capital structure and maintain a robust financial position in a competitive banking landscape. The move is expected to bolster the bank’s financial flexibility and continue to support its growth plans in the future.