Landsbankinn hf. - Covered Bonds (LBANK CB 17) admitted to trading on 12 December 2014
| Source:
NASDAQ Iceland hf.
NASDAQ Iceland hf.
Term Sheet
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Issuer: |
Landsbankinn hf. |
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Org. no: |
471008-0280 |
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Address: |
Austurstræti 11, 155 Reykjavík |
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Bonds/bills: |
Covered Bonds |
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Symbol (Ticker) |
LBANK CB 17 |
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ISIN code |
IS0000025278 |
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CFI code |
D-T-F-U-F-R |
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Registered at ISD |
Yes |
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Amortization type |
Bullet, one principal payment at maturity |
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Country |
Iceland |
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Currency |
ISK |
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Date of admission to trading |
12.12.2014 |
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Order book ID |
105109 |
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Instrument subtype |
Corporate Bonds |
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Market |
OMX ICE CP Fixed Income |
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List population name |
OMX ICE Bank/Savings Bank Bonds |
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Denomination in CSD |
20,000,000 |
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Size limit |
10,000,000,000 |
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Total issued amount |
1,400,000,000 |
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Amount admitted to trading at this time |
1,400,000,000 |
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Issue date |
Thursday, October 23, 2014 |
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First ordinary installment date |
Monday, October 23, 2017 |
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Total number of installments |
1 |
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Installment frequency |
1 |
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Maturity date |
Monday, October 23, 2017 with the possibility of Extended Maturity to 23 October 2020 |
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Interest rate |
6.0% and 6.5% from Maturity Date to Extended Maturity Date |
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Floating interest rate |
N/A |
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Premium |
N/A |
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Simple/compound interest |
Simple |
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Day count convention |
30/360 |
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Interest from date |
Thursday, October 23, 2014 |
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First ordinary coupon date |
Friday, October 23, 2015 |
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Coupon frequency |
1 |
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Total number of coupon payments |
3 or 6 with the possibility of Extended Maturity |
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Indexed |
No |
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Name of index |
N/A |
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Daily index or monthly index |
NA |
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Base index value |
N/A |
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Index base date |
N/A |
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Dirty price / clean price |
Clean price |
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Call option |
No |
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Put option |
No |
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Convertible |
No |
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Additional information |
No |
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Market making |
Yes |
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Credit rating (rating agency, date) |
No |
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Securities depository |
Icelandic Securities Depository |
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Coordinator – admission to trading |
Landsbankinn hf. |
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If irregular cash flow, then how |
N/A |
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If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? |
Yes |