Information  X 
Enter a valid email address
  Print          More announcements

Wednesday 22 May, 2019

Landsbankinn hf.

Landsbankinn hf.: Correction - Landsbankinn issues senior unsecured bonds for NOK 300m and taps existing series for SEK 600m - Published: 2019-05-21 16:20:18 CEST

Landsbankinn hf.: Correction - Landsbankinn issues senior unsecured bonds for NOK 300m and taps existing series for SEK 600m - Published: 2019-05-21 16:20:18 CEST

Correction: New SEK series instead of a tap issuance

Landsbankinn issues senior unsecured bonds for NOK 300m and SEK 600m

Landsbankinn hf. has today concluded the sale of two series of senior unsecured floating rate bonds with a maturity of 18 months in the amount of NOK 300m and SEK 600m. The bonds are expected to be rated BBB+ by S&P Global Ratings.

The bonds were priced at a spread of 83 basis points above 3 month NIBOR and at a spread of 85 basis points above 3 month STIBOR.

The bonds will be issued under the bank’s EMTN programme and the NOK bonds are scheduled to be admitted to trading on Euronext Dublin on 27 May 2019 and the SEK bonds on 29 May 2019.

Dealers on the transactions were Nordea, SEB and Swedbank.


a d v e r t i s e m e n t