Profil:
Bank Millennium SAMillennium Bank's mortgage unit submits prospectus for EUR 3 bln covered bonds issue programme
The mortgage unit of listed lender Millennium, Millennium BH, has submitted a base prospectus concerning a programme of covered bonds issuance with a total value of up to EUR 3 billion, the bank said in a market filing published on Luxembourg stock exchange.
"The maximum aggregate nominal amount of all covered bonds from time to time outstanding under the programme will not exceed EUR 3,000,000,000 (or its equivalent in other currencies calculated as described in the programme agreement), subject to increase as described herein," Millennium BH said in the market filing.
The base prospectus has been approved by the Commission de Surveillance du Secteur Financier (CSSF) of the Grand Duchy of Luxembourg in its capacity as competent authority.
The base prospectus is valid for up to 12 months from the date of its preparation.
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