Brief: Coop Pank Public Offer Of Subordinated Bonds Of EUR 8.0 Million Was Oversubscribed

Coop Pank AS

29/03/2021 07:12

March 29 (Reuters) - Coop Pank AS  CPA1T.TL :
    * SAYS PUBLIC OFFERING OF UNSECURED SUBORDINATED BONDS OF
EUR 8.0
MILLION WAS OVERSUBSCRIBED
    * SAYS 2013 INVESTORS PARTICIPATED IN THE ISSUE, SUBSCRIBING
TO
SUBORDINATED BONDS FOR A TOTAL OF EUR 49,6 MILLION
    * SAYS THE INITIAL ISSUE VOLUME WAS OVERSUBSCRIBED 6,2 TIMES
    * SAYS COMPANY USED ITS RIGHT TO INCREASE ISSUE VOLUME TO
MAXIMUM
PERMITTED VOLUME OF EUR 10.0 MILLION
    * SAYS COMPANY ISSUED SUBORDINATED BONDS WITH NOMINAL VALUE
OF EUR
1,000, INTEREST RATE OF 5,5% PER ANNUM AND MATURITY DATE OF 31
MARCH 2031

Source text:  ID:nGNE4Qpbvz 
Further company coverage:  CPA1T.TL 

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