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Landsbankinn hf.: Landsbankinn issues senior unsecured bonds for SEK 900m

Landsbankinn hf.

Landsbankinn hf. has today concluded the sale of senior unsecure floating rate bonds with a maturity of 18 months in the amount of SEK 900m. The bonds are expected to be rated BBB by S&P Global Ratings. The bonds were priced at a spread of 75bp over 3-month STIBOR.

The bonds will be issued under the bank’s EMTN programme and expected to be admitted to trading on Euronext Dublin on 2 February 2021.

Dealers on the transaction were Danske Bank, Nordea and SEB.