Íslandsbanki has today issued a SEK 1 billion 4NC3 Floating Rate Note senior unsecured bond, at a spread of 80 basis points over 3-month STIBOR.
The transaction was sold to a wide range of investors across the Nordic region and the bond is expected to be listed on the Irish Stock Exchange on 26 April 2018.
This is the third senior unsecured bond that Íslandsbanki has issued in the public SEK market since the end of 2013, and it reaffirms the Bank´s commitment to maintaining liquid benchmark bonds in this important market.
The bond will be issued under Íslandsbanki´s USD 2,000m Global Medium-Term Note (GMTN) Programme. The GMTN Base Prospectus and its supplements are available at www.islandsbanki.is/ir.
Joint bookrunners on the transaction were Nordea, SEB and Swedbank.
For further information:
Investor Relations – Gunnar S. Magnusson, email@example.com and tel: +354 440 4665.