S-Bank Plc

S-Bank files listing application in respect of its first bond

4.10.2021 14:30:01 EEST | S-Bank Plc | Other information disclosed according to the rules of the Exchange

S-Bank Plc, Stock Exchange Release, 4 October 2021 at 14.30 (EEST)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

S-Bank Plc announced its decision to issue a EUR 170 million senior preferred MREL eligible bond on 27 September 2021. The bond has a floating interest rate and will mature on 4 April 2025.

The bond represents the first issuance under S-Bank’s MTN (Medium Term Note) programme. The Finnish Financial Supervisory Authority (FIN-FSA) has approved S-Bank’s prospectus in respect of the programme on 21 December 2020 and the supplement on 16 September 2021.

S-Bank has today filed an application for the bond to be admitted to trading on the official list of Nasdaq Helsinki Ltd. Trading on the bond is expected to commence on or about 6 October 2021 under the trading code "SBANKZVAIH25".

The final terms of the bond are available in English on S-Bank’s website at https://www.s-pankki.fi/investors/.

The Sole Lead Manager of the issue is Danske Bank A/S and Castrén & Snellman Attorneys Ltd acts as legal advisor.

Disclosure regulation

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or such other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This communication does not constitute an offer of notes to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the notes. Consequently, this communication is directed only at persons in the United Kingdom in circumstances where provisions of section 21(1) of the Financial Services and Markets Act 2000, as amended, do not apply and are solely directed at persons in the United Kingdom who, (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order and (iii) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). This release is directed only at relevant persons and any person who is not a relevant person must not act or rely on this release or any of its contents.

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About S-Bank Plc

S-Bank is a Finnish bank that wants to help everyone achieve a slightly more affluent tomorrow, regardless of the size of their wallet. At S-Bank, expertise means that we understand the economy and people: as part of the S Group, we know the everyday lives of our 3.1 million customers. We are changing the banking sector by offering superior ease and benefits by offering both banking and retail services. www.s-pankki.fi

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