The transaction is the first sustainable issue by an Icelandic bank and marks a positive milestone.
The issue was more than 3 times oversubscribed and was placed with over 80 investors across Europe .
The bond is expected to be listed on the Irish Stock Exchange on 20 November 2020. The bond is issued under Íslandsbanki’s GMTN Programme supported by the Bank‘s newly-signed Sustainable Financing Framework, available here.
The bookrunners for the transaction were: ABN AMRO, Barclays, Goldman Sachs and UBS Investment Bank.