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Regulatory press release

The Mortgage Society of Finland: The Mortgage Society of Finland covered bonds outlook revised to stable

29.1.2021 15:30:01 EET | Suomen Hypoteekkiyhdistys | Other information disclosed according to the rules of the Exchange

The Mortgage Society of Finland: The Mortgage Society of Finland covered bonds outlook revised to stable
The Mortgage Society of Finland
Other information disclosed according to the rules of the Exchange
January 29, 2021 Helsinki 3:30 p.m.

On January 29, 2021, S&P Global Ratings (S&P) revised The Mortgage Society of Finland's covered bond program's outlook from negative to stable. At the same time S&P affirmed the 'AAA' rating. The covered bond program's outlook revision reflects S&P revising the trend of economic risk for Finland's Banking Industry Country Risk (BICRA) to stable and therefore revising the outlook of The Mortgage Society of Finland's rating to stable on January 22, 2021.

S&P's credit rating report is published on our website www.hypo.fi

Distribution: Nasdaq Helsinki, Main media, www.hypo.fi

Contacts

  • Ari Pauna, CEO, +358 50 353 4690
  • Petteri Bollmann, CTFO, +358 50 5504 355

About Suomen Hypoteekkiyhdistys

The Mortgage Society of Finland Group is the only nationwide expert organization specialized in home financing and housing in Finland. Hypo Group grants mortgages as well as renovation loans and consumer loans, both secured by residential property collateral, for first-time and other homebuyers. Hypo Group continuously develops new ways and models for housing and home financing.

Read more: www.hypo.fi

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