GMTN programme signed
In June 2013, Íslandsbanki signed a US$250,000,000 Global Medium Term Note (“GMTN”) Programme. The Programme – arranged by BofA Merrill Lynch – will enable Íslandsbanki to issue fixed and floating rate notes in a broad range of currencies.
Íslandsbanki is a leading lender to the corporate sector in Iceland. Those companies that are predominantly engaged in external trade require funding in foreign currencies in order to conduct their business. Íslandsbanki seeks to support these activities through targeted funding operations of its own in overseas markets.
The Dealer panel is constituted as follows:
- BofA Merrill Lynch
- Deutshce Bank
- BNP Paribas
- J.P. Morgan
- UBS Investment Bank