Sponda Plc issues EUR 150 million serial bond under Sponda Plc's EUR 250 million Domestic Medium Term Note Programme. The maturity of the bond is 7 years (14.4.2000-14.4.2007) and it pays an annual coupon of 6.25%. The issue price will be determined later. Bonds will be issued in book-entry form in the Finnish Central Depositary and will be listed on the Helsinki
Stock Exchange. The first auction of the bond will be held on 11th. April, 2000.
MeritaNordbanken acts as the Arranger of the Domestic Medium Term Note Programme and the Lead Manager of the EUR 150 million 7 year bond issue. Other dealers participating in the bond issue are Leonia Corporate Bank plc, Evli Rahamarkkinat Oy and Mandatum Pankki Oyj. The prospectus of the bond will be available on the 6 April 2000.