Ãslandsbanki hf. will be holding an auction on covered bonds on Wednesday 20 June 2018.
The non-index linked series ISLA CB 23 and the CPI-linked series ISLA CBI 24 and ISLA CBI 30 will be offered to investors. The series are expected to be listed on Nasdaq Iceland on 27 June 2018.
The auction will be managed by Ãslandsbankiâs Fixed Income Sales. Offers shall be submitted by e-mail to email@example.com before 16:00 p.m. on 20 June.
For further information: Investor Relations - Gunnar S. MagnÃºsson, firstname.lastname@example.org and tel: +354 440 4665.
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A leader in financial services in Iceland, Ãslandsbanki is a universal bank with total assets of ISK 1,036bn and a 25% - 50% market share across all domestic business segments. Building on over 140 years of servicing key industries, Ãslandsbanki has developed specific expertise in tourism, seafood and energy related industries. Driven by the vision to be #1 for service, Ãslandsbankiâs relationship banking business model is propelled by three business divisions that manage and build relationships with the Bank´s customers. Ãslandsbanki has developed a wide range of online services such as the Ãslandsbanki, Kreditkort and Kass apps, enabling customers to do their banking whenever and wherever. At the same time, the Bank continues to operate the most efficient branch network in Iceland through its strategically located 14 branches. For the fifth consecutive year, Ãslandsbanki led the Icelandic Customer Satisfactory Index for banks in 2017 and was also named Bank of the Year in Iceland by the Banker. Ãslandsbanki has a BBB+/A-2 rating from S&P Global Ratings and BBB/F3 from Fitch Ratings and is the only bank in Iceland rated by two international rating agencies. www.islandsbanki.is
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