Covered bonds
- Covered bonds
On 13 November 2024, the European Central Bank issued to Coop Pank an additional authorisation that allows it to issue covered bonds.
According to initial forecasts, the first issue of covered bonds will take place in the first half of 2025. Coop Pank will announce the exact time and conditions of the issue in a separate stock exchange release.
The Central Bank of Ireland has approved the base prospectus for the Covered Bond Programme on 19 February 2025:
- Coop Pank AS Covered Bond Programme 2025 - Base Prospectus
- Articles of association of Coop Pank AS
- Coop Pank AS trade register extract
- Agency Agreement
- Deed of Covenant
- Issuer-ICSD Agreement
As of 17th of February 2025, the rating agency Moodys has published its rating (P)Aa2 on planned Covered Bond issue. Find the report here.
Information on collateral based on private property can be found in the ECBC Covered Bond Label HTT reporting:
Harmonised Transparency Template 28.02.2025.xlsx
Harmonised Transparency Template 31.01.2025.xlsx
