Correction – Total issued amount and Amount admitted to trading at this time corrected.
|
Term Sheet |
|
| Issuer: | Kvika banki hf. |
| Org. no: | 5405022930 |
| Address: | Borgartún 25, 105 Reykjavík |
| Bonds/bills: | Bonds |
| Symbol (Ticker) | KVB 15 01 |
| ISIN code | IS0000026128 |
| CFI code | D-B-F-U-F-R |
| Registered at ISD | Yes |
| Amortization type | Fixed rate bond, yearly interest payments, single payment of principal |
| Country | Iceland |
| Currency | ISK |
| Date of admission to trading | 23.12.2015 |
| Order book ID | 117582 |
| Instrument subtype | Corporate Bonds |
| Market | OMX ICE CP Fixed Income |
| List population name | OMX ICE Bank Bonds |
| Denomination in CSD | ISK 10,000,000 |
| Size limit | ISK 750,000,000 |
| Total issued amount | ISK 550,000,000 |
| Amount admitted to trading at this time | ISK 550,000,000 |
| Issue date | Friday, August 28, 2015 |
| First ordinary installment date | Monday, August 25, 2025 |
| Total number of installments | 1 |
| Installment frequency | N/A |
| Maturity date | Monday, August 25, 2025 |
| Interest rate | 5.50% for first 5 years; 7.50% after 5 years |
| Floating interest rate | |
| Premium | |
| Simple/compound interest | Simple |
| Day count convention | 30/360 |
| Interest from date | Friday, August 28, 2015 |
| First ordinary coupon date | Thursday, August 25, 2016 |
| Coupon frequency | Yearly |
| Total number of coupon payments | 10 |
| Indexed | Yes |
| Name of index | Consumer price index |
| Daily index or monthly index | Monthly Index |
| Base index value | 429.3 |
| Index base date | Saturday, August 01, 2015 |
| Dirty price / clean price | Clean price |
| Call option | Yes, yearly from 25 August 2020 |
| Put option | No |
| Convertible | No |
| Additional information | |
| Market making | No |
| Credit rating (rating agency, date) | |
| Securities depository | Nasdaq verðbréfamiðstöð hf. |
| Coordinator – admission to trading | Kvika banki hf. |
| If irregular cash flow, then how | |
| If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? | No |