Islandsbanki hf.: Concludes commercial paper offering
Íslandsbanki hf. has today offered 6 and 9 month commercial paper to investors.
Offers totaling ISK 3,140 million were received and offers worth ISK 1,760 million were accepted.
The nominal amount sold in the 6-month series was 1,760m at a 4.33% simple rate. Total offers received amounted to ISK 2,900 million at rates of 4.28% - 4.35%.
The 9-month series received offers amounting to ISK 240 million at rates of 4.39% - 4.55%. All offers were declined at this time.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 12 June.
For further information: Investor Relations - Gunnar S. Magnússon, email@example.com and tel: +354 440 4665.