Landsbankinn hf.: Landsbankinn issues senior unsec
Post# of 35791
On the back of solid financial results for 2018, Landsbankinn hf. has today concluded the sale of senior unsecured floating rate bonds with a maturity of three years in the amount of NOK 1,000m and SEK 500m. The bonds are expected to be rated BBB+ by S&P Global Ratings.
The bonds were priced at a spread of 175 basis points above 3 month STIBOR and 3 month NIBOR. The combined orderbook was in excess of NOK 1.8bn.
The bonds will be issued under the bank’s EMTN programme and are scheduled to be admitted to trading on Euronext Dublin on 21 February 2019.
Joint lead managers on the transaction were Nordea and Swedbank.
For further information contact:
Rúnar Pálmason, Public Relations, pr@landsbankinn.is , tel: +354 410 6263
Hanna Kristín Thoroddsen, Investor Relations, ir@landsbankinn.is , tel: +354 410 7310
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