Term Sheet
|
|
Issuer: |
Landsbankinn hf. |
|
Org. no: |
471008-0280 |
|
Address: |
Austurstræti 11, 155 Reykjavík |
|
|
|
Bonds/bills: |
Covered Bonds |
|
Symbol (Ticker) |
LBANK CBI 28 |
|
ISIN code |
IS0000027787 |
|
CFI code |
D-T-F-U-G-R |
|
Registered at ISD |
Yes |
|
Amortization type |
Bullet, one principal payment at maturity |
|
Country |
Iceland |
|
Currency |
ISK |
|
Date of admission to trading |
05.10.2016 |
|
Order book ID |
127476 |
|
Instrument subtype |
Corporate Bonds |
|
Market |
OMX ICE CP Fixed Income |
|
List population name |
OMX ICE Bank Bonds |
|
Denomination in CSD |
20,000,000 |
|
Size limit |
30,000,000,000 |
|
Total issued amount |
2,060,000,000 |
|
Amount admitted to trading at this time |
2,060,000,000 |
|
Issue date |
Tuesday, October 04, 2016 |
|
First ordinary installment date |
Wednesday, October 04, 2028 |
|
Total number of installments |
1 |
|
Installment frequency |
1 |
|
Maturity date |
Wednesday, October 04, 2028 with the possibility of Extended Maturity to 4 October 2031 |
|
Interest rate |
3.0% 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, October 04, 2016 |
|
First ordinary coupon date |
Wednesday, October 04, 2017 |
|
Coupon frequency |
1 |
|
Total number of coupon payments |
12 or 15 with the possibility of Extended Maturity |
|
Indexed |
Yes |
|
Name of index |
Consumer Price Index |
|
Daily index or monthly index |
Daily Index |
|
Base index value |
436.61 |
|
Index base date |
Tuesday, October 04, 2016 |
|
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 |
Nasdaq CSD Iceland |
|
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? |
No |