Luminor issues EUR 500 million inaugural covered bonds

  • 2020-03-09
  • TBT Staff
On March 4, Luminor issued the first covered bonds from the Baltic region, in the size of EUR 500 million. The 5-year covered bonds are to be listed on the Irish Stock Exchange. Luminor CEO Erkki Raasuke said that with this inaugural issuance of covered bonds Luminor has established an important milestone in the development of the Baltic financial markets and taken another important step towards building Luminor as a strong Pan-Baltic bank for local companies and households. „Wide investor interest in generally challenging markets shows most of al...
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