Landsbankinn hf. - Covered Bonds (LBANK CBI 22) admitted to trading on 28 April 2015
| Source:
NASDAQ Iceland hf.
NASDAQ Iceland hf.
Term Sheet
|
|
Issuer: |
Landsbankinn hf. |
|
Org. no: |
471008-0280 |
|
Address: |
Austurstræti 11, 155 Reykjavík |
|
|
|
Bonds/bills: |
Covered Bonds |
|
Symbol (Ticker) |
LBANK CBI 22 |
|
ISIN code |
IS0000025856 |
|
CFI code |
D-T-F-U-F-R |
|
Registered at ISD |
Yes |
|
Amortization type |
Bullet, one principal payment at maturity |
|
Country |
Iceland |
|
Currency |
ISK |
|
Date of admission to trading |
28.04.2015 |
|
Order book ID |
108857 |
|
Instrument subtype |
Corporate Bond |
|
Market |
OMX ICE CP Fixed Income |
|
List population name |
OMX ICE Other Corporate Bonds |
|
Denomination in CSD |
20,000,000 |
|
Size limit |
20,000,000,000 |
|
Total issued amount |
ISK 1,760,000,000 |
|
Amount admitted to trading at this time |
ISK 1,760,000,000 |
|
Issue date |
Tuesday, April 28, 2015 |
|
First ordinary installment date |
Thursday, April 28, 2022 |
|
Total number of installments |
1 |
|
Installment frequency |
1 |
|
Maturity date |
Thursday, April 28, 2022 with the possibility of Extended Maturity to April, 28 2025 |
|
Interest rate |
3% and 3,5% from Maturity Date to Extended Maturity Date |
|
Floating interest rate |
N/A |
|
Premium |
N/A |
|
Simple/compound interest |
Simple |
|
Day count convention |
30/360 |
|
Interest from date |
Tuesday, April 28, 2015 |
|
First ordinary coupon date |
Thursday, April 28, 2016 |
|
Coupon frequency |
1 |
|
Total number of coupon payments |
7 or 10 with the possibility of Extended Maturity |
|
Indexed |
Yes |
|
Name of index |
Consumer Price Index |
|
Daily index or monthly index |
Daily Index |
|
Base index value |
425.97 |
|
Index base date |
Tuesday, April 28, 2015 |
|
Dirty price / clean price |
Clean price |
|
Call option |
No |
|
Put option |
No |
|
Convertible |
No |
|
Additional information |
No |
|
Market making |
Yes |
|
Credit rating (rating agency, date) |
No |
|
Securities depository |
Icelandic Securities Depository |
|
Coordinator – admission to trading |
Landsbankinn 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? |
Yes |