Íslandsbanki hf. will be holding an auction on covered bonds on Thursday 12 September 2019.
The non-index linked series ISLA CB 21 and the CPI-linked series ISLA CBI 28 will be offered to investors.
The series are expected to be listed on Nasdaq Iceland on 19 September 2019.
The auction will be managed by Íslandsbanki’s Fixed Income Sales. Offers shall be submitted by e-mail to firstname.lastname@example.org before 16:00 p.m. on 12 September 2019.
For further information:
Investor Relations - Gunnar Magnusson, email@example.com and tel: +354 440 4665.
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A leader in financial services in Iceland, Íslandsbanki is a universal bank with total assets of ISK 1,205bn and a 25% - 50% market share across all domestic business segments. Building on over 140 years of servicing key industries, Íslandsbanki has developed specific expertise in tourism, seafood and energy related industries. Driven by the vision to be #1 for service, Íslandsbanki’s relationship banking business model is propelled by three business divisions that manage and build relationships with the Bank’ s customers. Íslandsbanki has developed a wide range of online services such as the Íslandsbanki and Kass apps, enabling customers to do their banking whenever and wherever. At the same time, the Bank continues to operate the most efficient branch network in Iceland through its strategically located 14 branches. For the sixth consecutive year, Íslandsbanki led the Icelandic Customer Satisfactory Index for banks in 2018. Íslandsbanki has a BBB+/A-2 rating from S&P Global Ratings. www.islandsbanki.is
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