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Friday, 12 January 2018

Islandsbanki hf.: Concludes commercial paper offering

Islandsbanki hf.    

Published: 17:40 CET 12-01-2018 /GlobeNewswire /Source: Islandsbanki hf. / : ISLA CBI 16 /ISIN: IS0000020758

Islandsbanki hf.: Concludes commercial paper offering

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 4,280 million were received and offers worth ISK 2,240 million were accepted.

The nominal amount sold in the 6-month series was 2,240m at a 4.30% simple rate. Total offers received amounted to ISK 3,940 million at rates of 4.20% - 4.35%.

The 12-month series received offers amounting to ISK 340 million at rates of 4.34% - 4.60%. All offers were declined at this time.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 16 January.

For further information:

Investor Relations - Gunnar S. Magnússon, ir@islandsbanki.is and tel: +354 440 4665.

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Íslandsbanki hf., Hagasmári 3, Kópavogur 201, Iceland
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