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07 Apr 2026

Aktia Bank issues EUR 80 million AT1 bond (6.75%); Finland’s first EU Follow‑on prospectus used for Nasdaq Helsinki listing

"Aktia Bank Plc issued an EUR 80 million Additional Tier 1 (AT1) bond on 1 April 2026. The perpetual bond pays a fixed 6.75% interest semi‑annually and can be redeemed or repurchased by Aktia under the bond terms and conditions. Castrén & Snellman advised Aktia on the issuance and on listing the bond on Nasdaq Helsinki, preparing Finland’s first EU Follow‑on prospectus for a bond following the Prospectus Regulation update (5 March 2026). Nordea Bank Abp acted as sole structuring advisor, with Nordea, Danske Bank and ABN Amro as lead managers. The Castrén & Snellman deal team included Janne Lauha, Sakari Sedbom, Valter Olkkonen and Sari Suutari."

Castrén & Snellman acted as legal adviser to Aktia Bank Plc in the transaction; Nordea Bank Abp acted as sole structuring advisor and Nordea Bank Abp, Danske Bank A/S and ABN AMRO Bank N.V. acted as lead managers for the issue. The transaction comprised the issuance on 1 April 2026 of an EUR 80 million Additional Tier 1 (AT1) bond paying a fixed 6.75% semi‑annual coupon. The bond is perpetual, with Aktia having the right to redeem or repurchase it subject to the bond terms and conditions. Castrén & Snellman also assisted Aktia in listing the bond on Nasdaq Helsinki and prepared Finland’s first EU Follow‑on prospectus for a bond following the update to the Prospectus Regulation (EU) No. 2017/1129 that took effect on 5 March 2026. Castrén & Snellman’s deal team included Janne Lauha, Sakari Sedbom, Valter Olkkonen and Sari Suutari. The press release does not specify their seniority or practice areas.
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