Kvika banki hf.: Tap issuance of subordinated bonds in the series KVIKA 34 1211 T2i
2024年7月4日 - 9:03PM
Kvika banki hf.: Tap issuance of subordinated bonds in the series
KVIKA 34 1211 T2i
Kvika banki hf. has today concluded the sale of additional
Tier-2 subordinated bonds in the amount of ISK 500 million in the
series KVIKA 34 1211 T2i. The series were originally issued in
December 2023 for ISK 2,000 million. The size of the series will
amount to ISK 2,500 million after the tap issuance.
The subordinated bonds are index
linked and have an annual coupon of 6.25%. The maturity of the
bonds is 11 December 2034 and are callable by the issuer at the
interest payment date of 11 December 2029 and on every subsequent
interest payment date.
The subordinated bonds will be issued
under Kvika’s EMTN programme and listed on Nasdaq
Iceland.
For further information please contact
Kvika‘s investor relations at ir@kvika.is