Correction: Íslandsbanki hf.: Íslandsbanki issues EUR 300 million senior preferred notes

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Published: 2024-03-19 17:28:00 CET Íslandsbanki hf. Other information disclosed according to the rules of the Exchange Correction: Íslandsbanki hf.: Íslandsbanki issues EUR 300 million senior preferred notes The notes pay a coupon of 4.625%. Íslandsbanki hf. has today launched a EUR 300 million senior preferred notes off its Euro Medium Term Note Programme. The notes have a maturity of 4 years and pay a coupon of 4.625%, constituting a spread of 185bp over mid-swaps. The deal was 4 times oversubscribed, attracting over EUR 1.600 million of orders from over 135 investors. The transaction was launched in combination with a tender offer, announced on 19 March 2024, to holders of its outstanding EUR 300 million notes due 25 March 2025 (ISIN: XS2411447043). Joint Lead Managers for the transaction were ABN AMRO Bank, BofA Securities, Morgan Stanley and Nomura. For further information please contact: Investor Relations - Bjarney Anna Bjarnadóttir, [e-mail] Public Relations - Edda Hermannsdóttir, [e-mail] This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf. Attachments: Islandsbanki hf. Islandsbanki issues EUR 300 million senior preferred notes.pdf This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices To subscribe on regulatory news from this company, go to the subscription page