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Published on 6/10/2021 in the Prospect News Liability Management Daily.

OP Corporate will redeem perpetual hybrid tier 1 notes at par

Chicago, June 10 – OP Corporate Bank plc announced the upcoming redemption of its €40 million perpetual non-step-up hybrid tier 1 notes (ISIN: XS0237073498) in a press release on Thursday.

The bank will redeem them at par plus interest on Aug. 30.

The notes were originally issued in November 2005.

The bank is based in Helsinki, Finland.


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