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Investment in Luminor Bank's Covered Bonds

Sector: Commercial • Location: Regional

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

Investments of up to EUR 125 million in a series of covered bonds issued by Luminor Bank AS in Estonia ("Luminor") under the Euro Medium Term Note and Covered Bond Programme ("Programme") over a period of 3 years and admitted for trading in the Irish Stock Exchange. EBRD's investment in each issue will be limited to 20% of the issue size. On 4 March 2020, EBRD invested EUR 28 million in the first

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The project “Investment in Luminor Bank's Covered Bonds” is an infrastructure initiative in the Commercial sector, located in Regional. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Description

Description

Investments of up to EUR 125 million in a series of covered bonds issued by Luminor Bank AS in Estonia ("Luminor") under the Euro Medium Term Note and Covered Bond Programme ("Programme") over a period of 3 years and admitted for trading in the Irish Stock Exchange. EBRD's investment in each issue will be limited to 20% of the issue size. On 4 March 2020, EBRD invested EUR 28 million in the first covered bond issuance of EUR 500 million under the Programme. On 11 May 2022, EBRD invested EUR 97 million in the second issuance of EUR 500 million under the Programme.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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