Source - GNW

Today Landsbankinn completed a bond offering in Swedish kroner. Bonds with a nominal value of SEK 1 billion were issued, maturing in June 2020. The bonds issued were SEK 700 million floating rate at STIBOR + 1% and SEK 300 million at 0.75% fixed rate.  

The deal was well oversubscribed and the bonds were sold to more than 20 Nordic investors. The transaction was arranged by Danske Bank and SEB. The bonds are issued under Landsbankinn's EMTN program, and will be listed on the Irish Stock Exchange.

For further information please contact:

Hanna Kristín Thoroddsen, [email protected] and tel. +354 410 7328

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Source: Landsbankinn hf. via Globenewswire