Islandsbanki hf. : Íslandsbanki issues USD 35m private placement

26.01.2016 - IR Releases

Íslandsbanki hf. has today issued a bond with the following term sheet:

  • Issuer: Íslandsbanki hf.
  • Status: Unsecured, Unsubordinated
  • Nominal Amount: USD 35,000,000
  • Issue Date: 02 February 2016
  • Maturity Date: 02 August 2017
  • Issue Price: 100.00%
  • Interest: Floating Rate Note paying 3 month USD LIBOR + 170 bps
  • Listing: Irish Stock Exchange
  • Dealer: Merrill Lynch International
  • Documentation: Íslandsbanki's USD 750,000,000 Global Medium Term Programme (GMTN). The GMTN Base Prospectus and its Supplements are available at

This bond issue follows on the back of Standard & Poor's revision of Íslandsbanki's outlook to positive from stable. Simultaneously, the 'BBB-/A-3' long- and short-term counterparty credit ratings were affirmed.

Older news

Íslandsbanki issues EUR 300m bond and announces partial buyback of its 2020 EUR 500m bond

04.04.2019 - IR Releases
Íslandsbanki has today issued a EUR 300m 1.125% fixed rate senior unsecured bond for 3 years, at a spread of 130 basis points over mid-swaps.More

Annual General Meeting 2019 - agenda, candidates and proposals

The Annual General Meeting of Íslandsbanki hf. will be held on March 21, 2019 at the Bank's headquarters, Hagasmári 3, 201 Kópavogur at 15:00.More

Publication of 2018 Annual Report and Pillar 3 Report

13.02.2019 - IR Releases
Íslandsbanki has published an Annual Report and Pillar 3 Report for 2018. More

Annual Results 2018

13.02.2019 - IR Releases
The Bank and Íslandssjóðir turned in a good operating performance during the year, with a consolidated profit of ISK 10.6bn, while operational...More

Publication of 2018 year-end results

30.01.2019 - IR Releases
Close of business Wednesday, 13 February 2019More

Íslandsbanki to terminate credit rating contract with Fitch Ratings

30.01.2019 - IR Releases
Íslandsbanki informs that following expiration and by agreement of parties, the credit rating service contract between Fitch Ratings and Íslandsbanki...More

Ásmundur Tryggvason to direct Corporate and Investment Banking

Ásmundur Tryggvason has been engaged as director of Corporate and Investment Banking at Íslandsbanki. He replaces Vilhelm Már Þorsteinsson, who will...More