Term Sheet |
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Issuer: | Arion Bank hf. |
Org. no: | 581008-0150 |
Address: | Borgartun 19, 105 Reykjavik, Iceland |
Bonds/bills: | Bonds |
Symbol (Ticker) | ARION CBI 21 |
ISIN code | IS0000025393 |
CFI code | D-B-F-U-F-R |
Registered at ISD | Yes |
Amortization type | Bullet |
Country | Iceland |
Currency | ISK |
Date of admission to trading | 17.12.2014 |
Order book ID | 105119 |
Instrument subtype | Corporate Bonds |
Market | OMX ICE CP Fixed Income |
List population name | OMX ICE Bank/Savings Bank bonds |
Denomination in CSD | 20,000,000 |
Size limit | € 1,000,000,000 Covered Bond Programme |
Total issued amount | 1,240,000,000 |
Amount admitted to trading at this time | 1,240,000,000 |
Issue date | Tuesday, December 16, 2014 |
First ordinary installment date | Thursday, December 16, 2021 |
Total number of installments | 1 |
Installment frequency | 1 |
Maturity date | Thursday, December 16, 2021 |
Interest rate | 3.5% |
Floating interest rate | N/A |
Premium | N/A |
Simple/compound interest | Simple |
Day count convention | 30/360 |
Interest from date | 16.12.2014 |
First ordinary coupon date | 16.06.2015 |
Coupon frequency | 2 |
Total number of coupon payments | 14 |
Indexed | Yes |
Name of index | Consumer Price Index (CPI) |
Daily index or monthly index | Daily |
Base index value | 422.1 |
Index base date | 16.12.2014 |
Dirty price / clean price | Clean price |
Call option | No |
Put option | No |
Convertible | No |
Additional information | Extended final maturity date: 16 December 2024 |
Market making | Yes |
Credit rating (rating agency, date) | No Credit Rating |
Securities depository | Icelandic Securities Depository |
Coordinator – admission to trading | Arion Bank hf. |
If irregular cash flow, then how | N/A |
If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? | No |