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Published: 2023-09-04 19:35:00 CEST
Íslandsbanki hf.
Other information disclosed according to the rules of the Exchange

Íslandsbanki hf.: Conclusion of Tier 2 bond offering in ISK

Íslandsbanki has today concluded the sale of a Tier 2 bond for ISK 9,600m. Total demand amounted to ISK 13,660m.

The index linked bond ISB T2I 34 0912 was sold for an amount of ISK 9,600m at a yield of 5.80%. The bond pays an annual coupon with one payment of principal at maturity. Final maturity date is 12 September 2034 and the issuer has the right to call the bond on 12 September 2029 and on every interest payment date thereafter.

The bond is expected to be listed on the Nasdaq Iceland on 12 September 2023.

The transaction was managed by Íslandsbanki´s Capital Markets.


Islandsbanki hf. Conclusion of Tier 2 bond offering in ISK.pdf