OP Corporate successfully wraps consent solicitation for four series

Chicago, April 9 – OP Corporate Bank plc published the amended and restated final terms for four series of notes based on the successful conclusion of a consent solicitation, according to a notice.

The bank was soliciting consents to amend the terms on the €60 million 3¾% instruments due March 1, 2022 (ISIN: XS0752059963), €50 million 3.068% instruments due Aug. 23, 2027 (ISIN: XS0819129395), €30 million 3.068% instruments due March 21, 2034 (ISIN: XS1048099367) and €30 million 3.015% instruments due March 31, 2034 (ISIN: XS1050669537).

The consent solicitation was announced on March 2.

OP Corporate announced the extraordinary resolutions regarding its outstanding €40 million 3% instruments due April 11, 2034 (ISIN: XS1054250748) and NOK 200 million 3.8% instruments due May 27, 2029 (ISIN: XS1069616206) had been approved by unanimous consent on March 12.

The other two series were approved by extraordinary resolutions on April 9.

The changes to the series 170 3.015% notes were approved by unanimous consent and the changes to the 3.75% notes were approved by way of an adjourned meeting that took place on April 9.

A consent fee of 0.2% was offered to consenting holders and was scheduled to be paid no later than the third business day of the last meeting.

Lucid Issuer Services Ltd. (+44 20 7704-0880; op@lcuid-is.com) is the tabulation and information agent.

The bank is based in Helsinki, Finland.

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