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Kvika banki hf.: Kvika issues 3Y senior unsecured bond in British pounds

Kvika banki hf. has today issued senior unsecured bonds in British pounds in the amount of GBP 11,400,000 in a new series KVIKA 24 1119. The tenor of the bonds is three years, and they pay variable interests of 3-month LIBOR plus a spread of 1.75%.

The bonds are scheduled to be admitted to trading on Nasdaq Iceland next week.

For further information please contact Halldór Karl Högnason, Head of Treasury, tel: +354 540 3200