Categories: Public Companies

Taaleri Plc is contemplating issuing Tier 2 Notes

TAALERI PLC                                 STOCK EXCHANGE RELEASE   2 OCTOBER 2019 AT 12:00 (EET)

Taaleri Plc is contemplating issuing Tier 2 Notes

Taaleri Plc is contemplating issuing Tier 2 notes of approximately EUR 15 million (the Tier 2 Notes). The aim is to issue the notes in the near future in accordance with the market situation.

The issuance of the Tier 2 Notes would strengthen the capital adequacy of the company and the proceeds would be used for general corporate purposes and for providing for the expiry of the permission under article 49(1) of the CRR granted by the Finnish Financial Supervisory Authority valid until 31 December 2020.

The Tier 2 Notes constitute a subordinated debt instrument, which is included in the Tier 2 capital referred to in Article 63 of Regulation (EU) No 575/2013 of the European Parliament and of the Council (the CRR).
The company has granted a mandate to Danske Bank to explore the market and arrange investor meetings and, if there is satisfactory market interest in the Tier 2 Notes, subsequently to act as the lead arranger of the Tier 2 Notes.

Hannes Snellman Attorneys Ltd acts as the legal advisor of the company.

Taaleri Plc
Communications

For more information, please contact:
CEO Robin Lindahl, Taaleri Plc, tel. + 358 50 595 9616, robin.lindahl@taaleri.com

CFO Minna Smedsten, Taaleri Plc, tel. +358 40 700 1738, minna.smedsten@taaleri.com

Taaleri in brief

Taaleri is a Finnish financial service company, whose parent company Taaleri Plc is listed on Nasdaq Helsinki’s, Finland, main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet.  

At the end of June 2019, Taaleri had assets under management totalling EUR 6.6 billion and 5,300 wealth management customers. Taaleri Plc has some 4,300 shareholders. Taaleri’s operations are supervised by the Finnish Financial Supervisory Authority.

More information about our company and services: 

www.taaleri.com/en
www.taalerivarainhoito.com/en
www.taalerienergia.com
www.taalerikapitaali.com/en
www.garantia.fi/en
www.fellowfinance.fi/en

Sophie Jolly, Head of communications and IR, tel. +358 40 828 7317, sophie.jolly@taaleri.com

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