Sp Mortgage Bank Plc received 'AAA' credit ratings from Standard & Poor's for covered bond program and inaugural issuance

Sp Mortgage Bank Plc received 'AAA' credit ratings from Standard & Poor's for covered bond program and inaugural issuance

Sp Mortgage Bank Plc received 'AAA' credit ratings from Standard & Poor's for covered bond program and inaugural issuance

Sp Mortgage Bank Plc

Stock Exchange Release

29 November 2016 at 4 p.m. (CET +1)

Credit rating agency Standard & Poor's Credit Market Services Europe Ltd (S&P) has assigned 'AAA' ratings to Sp Mortgage Bank Plc's mortgage covered bond program and inaugural EUR 500,000,000 issuance under the covered bond program. The outlook on the ratings is stable.

SP MORTGAGE BANK PLC
Further information:
Kirsi Autiosalo, CEO (Central Bank of Savings Banks Finland Plc)
kirsi.autiosalo@saastopankki.fi
+358 50 4200867

Sp Mortgage Bank is part of the Savings Banks Group and the Savings Banks Amalgamation. The role of Sp Mortgage Bank is, together with Central Bank of Savings Banks Finland Plc, to be responsible for obtaining funding for the Savings Banks Group from money and capital markets. Sp Mortgage Bank is responsible for the Savings Banks Group’s mortgage-secured funding by issuing covered bonds.
Read more: http://www.saastopankki.fi/debtinvestors

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