On September 7, 2023, the subscription period for Coop Pank AS Additional Tier 1 notes (AT1) ended. Investors subscribed to notes worth 15,8 million euros. Thus the volume of the issue was oversubscribed by almost 2-times.

Since the initial volume of the issue of EUR 8 million was oversubscribed, Coop Pank AS exercised the right to increase the volume of the issue to 12 million euros. The Management Board of Coop Pank AS approved the allocation of the private placement of notes qualifying as Additional Tier 1 (AT1) own funds of the bank, according to which 120 notes with nominal value EUR 100,000 each are allocated to in total 52 investors.