Íslandsbanki hf.: Upcoming senior preferred bond offering in ISK

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Published: 2024-03-01 13:31:00 CET Íslandsbanki hf. Other information disclosed according to the rules of the Exchange Íslandsbanki hf.: Upcoming senior preferred bond offering in ISK Íslandsbanki hf. will be offering the senior preferred series ISB 28 2112 in a closed auction on Tuesday 5 March 2024. ISB 28 2112 is a fixed rate index-linked senior preferred bond series with an annual coupon and was originally issued in December 2023. The final maturity date is 21 December 2028. The offering will be conducted in a Dutch auction format, where all accepted offers will be awarded at the highest accepted yield. The Bank reserves the right to accept or reject offers in the new bond series in part or in whole. The bonds are expected to be admitted to trading on Nasdaq Iceland on 14 March 2024. The bonds will be issued under the Bank's EUR 2,500m Euro Medium Term Note (EMTN) Programme. The EMTN Base Prospectus is available here: EMTN programme Expected settlement date is 14 March 2024. The auction will be managed by Íslandsbanki's Fixed Income Sales. Offers shall be submitted by e-mail to [e-mail] before 16:00 p.m. on 5 March 2024. For further information please contact: Investor Relations - Bjarney Anna Bjarnadóttir, [e-mail] Public Relations - Edda Hermannsdóttir, [e-mail] This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf. Attachments: Islandsbanki hf. Upcoming senior preferred bond offering in ISK.pdf This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices To subscribe on regulatory news from this company, go to the subscription page