Fossar fjárfestingarbanki hf. Completes Successful Offering
![Fossar fjárfestingarbanki hf. Completes Successful Offering](https://investorshangout.com/images/blog/ihnews-Fossar%20fj%C3%A1rfestingarbanki%20hf.%20Completes%20Successful%20Offering.jpg)
Fossar fjárfestingarbanki hf. Completes Successful Bond Offering
Fossar fjárfestingarbanki hf. has successfully concluded its latest bond offering. The investment bank received bids totaling ISK 560 million, with flat interest rates ranging from 10.00% to 10.22%. The weighted average interest rate stood at 10.12%, indicating healthy market interest.
Details of the Accepted Bids
The accepted bids for the six-month bond category FOS 25 0311 amounted to ISK 400 million at a flat interest rate of 10.22%. This shows a positive reception in the market, reflecting investor confidence in the bank's offerings.
Market Management and Trading Application
The market operations for this offering were managed by Fossar fjárfestingarbanki, ensuring a streamlined process for all parties involved. An application has been submitted for the bonds to be listed on the main market of Nasdaq Iceland. The settlement date for these transactions is set for September 11, 2024.
Contact Information for Queries
For further information regarding the bond offering or any related inquiries, interested parties may reach out to:
Ernir Jónsson
Fossar fjárfestingarbanki
Sími: 832-4002
Netfang: ernir.jonsson@fossar.is
Ásgrímur Gunnarsson
Fossar fjárfestingarbanki
Sími: 832-4040
Netfang: asgrimur.gunnarsson@fossar.is
Frequently Asked Questions
What is the name of the bank that completed the bond offering?
The bank is Fossar fjárfestingarbanki hf.
What was the total amount of bids received for the bond offering?
The total bids received amounted to ISK 560 million.
What was the accepted amount for the FOS 25 0311 bond?
The accepted amount for the FOS 25 0311 bond was ISK 400 million at a 10.22% interest rate.
When is the settlement date for this bond offering?
The settlement date is set for September 11, 2024.
How can I contact Fossar fjárfestingarbanki for more information?
You can contact Ernir Jónsson at 832-4002 or Ásgrímur Gunnarsson at 832-4040 for inquiries.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Union Bankshares Completes Strategic Balance Sheet Adjustment
- US LBM Expands Specialty Offerings with Gregory Door Acquisition
- Landsbankinn hf. Launches Landmark Bond Issuance in 2024
- Freddie Mac Unveils $233 Million Non-Performing Loan Offering
- Vital Battery Metals Completes Significant IP Survey at Sting Project
- Edible Garden Expands Organic Herb Offerings in New Jersey
- Standard Completes Full Divestment in Suncor Energy Inc.
- iMD Companies Expands Riize Product Line with New Offerings
- Outlook Therapeutics Completes Enrollment in NORSE EIGHT Trial
- Oragenics, Inc. Announces Public Offering Pricing Details
- Palo Alto Networks Completes Acquisition of IBM's QRadar Assets
- Vertex Completes Acquisition of ecosio for Enhanced Solutions
- Fly Play hf. Announces Major Shareholder Update by Birta
- Starwood Property Trust Prices Common Stock Offering for Growth
- CGI Announces Successful C$750 Million Private Note Offering
- Restaurant Brands International Inc. Announces Notes Offering Details
- NCL Corporation Ltd. Prices $315 Million Senior Notes Offering
- Guardian Capital Completes Acquisition of Galibier Capital
- Richtech Robotics Completes $21 Million Public Offering Successfully
- Athlens Successfully Completes Angel Funding Round Before Launch
- QNB Corp. Successfully Completes $40 Million Subordinated Notes Offering
- Bango Partners with Disney+ to Expand Subscriber Offerings
- Trust Stamp's Direct Offering Brings $2 Million for Growth
- Cerro de Pasco Resources Completes Strategic Mine Sale
- NCL Corporation Ltd. Proposes Offering of Senior Notes
Recent Articles
- CrowdStrike's Growth Amid Cybersecurity Challenges
- Fed Beige Book: Economic Activity Slows, Consumer Spending Down
- Discover Daily Wisdom with Immergo's Innovative OTT Platform
- Plexus Worldwide Appoints Andrea McAlister as Chief of Staff
- NCTC Welcomes New Board Leaders to Drive Innovation
- The Inspiring Investor: Anne Scheiber's Remarkable Story
- Halper Sadeh LLC Looks Into FRZA, SPR, and DM for Shareholders
- Halper Sadeh LLC Investigates Securities Violations for SGRP, AGR, SHCR
- Big Health's DaylightRx Receives FDA Clearance for GAD Treatment
- GoodWe Launches Innovative Energy Management Solutions at RE+
- TOUAX Unveils Share Capital and Voting Rights Disclosure
- Xevant Partners with RxPreferred for Innovative Pharmacy Solutions
- China-Africa Cooperation: Advancing Shared Modernization Goals
- The Abbey Food & Bar Earns Safe Space Certification from SIGBI
- Explore Local Wines with KSL Resorts' Exciting Package
- Adam Neumann and Ryan Serhant to Speak at South Florida Forum
- Insider Buying: Two Stocks to Watch for Potential Gains
- Dollar Tree's Earnings Drop and Future Outlook Challenges
- Rising Bankruptcy Filings in Commercial Sector Highlight Trends
- Sanguine Biosciences Achieves ISO Certifications for Quality
- Cleveland Schools Optimize Savings with EcoChem's Clean Fuel
- Leukemia Treatment Drugs Market Projected to Reach $46.1 Billion
- Spirit Blockchain Capital Deepens Alvara Protocol Partnership
- Projected Growth of Global Cosmetics Market to USD 764.35 Billion
- Exploring Top Dividend Stocks: Verizon, J&J, and Nike