Nordic Business Report-September 19, 2006-Sampo Housing Loan Bank plc launches EUR1.0bn bond
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Finnish financial group Sampo Plc said on Tuesday (19 September) that its subsidiary Sampo Housing Loan Bank plc had launched a EUR1.0bn covered bond issue on the international capital markets.
The arrangement is part of the transfer of an EUR850m housing loan portfolio from Sampo Bank plc to Sampo Housing Loan Bank.
One euro (EUR) is worth approximately 0.67 British pounds (GBP).
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