Correction: Islandsbanki hf.: Concludes commercial paper offering

This is a correction of the announcement from 17:14 05.09.2017 GMT. Reason for the correction: The total amount sold in the 6-month series was ISK 1,040 million, instead of ISK 820 million. In total offers worth ISK 1,260 million were accepted instead of ISK 1,040 million.  

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 2,960 million were received and offers worth ISK 1,260 million were accepted.

The nominal amount sold in the 6-month series was 1,040 million at a 4.56% simple rate. Total offers received amounted to ISK 2,140 million at rates of 4.50% - 4.70%.

The nominal amount sold in the 12-month series was 220 million at a 4.69% simple rate. Total offers received amounted to ISK 820 million at rates of 4.60% - 4.95%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 12 September.

For further information :

  • Investor Relations - Tinna Molphy, ir@islandsbanki.is and tel: +354 440 3187.
  • Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel: +354 440 4005.



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Islandsbanki hf. via GlobeNewswire

HUG#2132098