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| Name | Symbol | Market | Type |
|---|---|---|---|
| Ihg Fin 29 | LSE:BG03 | London | Medium Term Loan |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
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RNS Number:1888Z
Oko Osuuspankkien Keskuspankki OYJ
28 May 2004
OKO Bank
STOCK EXCHANGE BULLETIN
28 May, 2004
OKO BANK LAUNCHES JPY 10 BILLION TIER I HYBRID CAPITAL LOAN
In June, 2004, OKO Bank will launch a JPY 10 billion (about EUR 74 million) Tier
I hybrid capital loan which will rank with the Bank's Tier I own funds. It is a
perpetual loan, but the Bank can exercise a call option for the first time in
2014.
The loan is made because the margins of loans issued by banks with high credit
ratings are on a favourable level at the moment. The loan will be used by OKO
Bank for financing its growth and increasing the efficiency of its equity
capital.
The loan is a private placement and it will not be publicly listed.
OKO Bank
Markku Koponen
Senior Vice President
FOR ADDITIONAL INFORMATION, PLEASE CONTACT
Mr Timo Ritakallio, First Executive Vice President, +358 0 404 4322
This information is provided by RNS
The company news service from the London Stock Exchange
END
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