Íslandsbanki hf. will be resheduling an auction on commercial paper to Monday 17 February 2020, instead of the auction planned for 14 February.
The 12-month series ISLA 21 0218 will be offered to investors.
The auction will be managed by Íslandsbanki’s Fixed Income Sales. Offers shall be submitted by e-mail to firstname.lastname@example.org before 16:00 p.m. on 17 February and the payment and settlement date is 20 February 2020.
For further information: Investor Relations – Margrét Lilja Hrafnkelsdóttir, email@example.com.
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Íslandsbanki is a universal bank and a leader in financial services in Iceland. Building on over 140 years of servicing key industries, Íslandsbanki has developed specific expertise in tourism, seafood and energy related industries. Driven by the vision to be #1 for service, Íslandsbanki’s relationship banking business model is propelled by three business divisions that manage and build relationships with the Bank’ s customers. Íslandsbanki has developed a wide range of online services such as the Íslandsbanki and Kass apps, enabling customers to do their banking whenever and wherever. At the same time, the Bank continues to operate the most efficient branch network in Iceland through its strategically located 14 branches. Íslandsbanki has a BBB+/A-2 rating from S&P Global Ratings. www.islandsbanki.is
This press release may contain “forward-looking statements,” involving uncertainty and risks that could cause actual results to differ materially from results expressed or implied by the statements. Íslandsbanki hf. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. It is the investor's responsibility to not place undue reliance on these forward-looking statements which only reflect the date of this press release. Forward-looking statements should not be considered as guarantees or predictions of future events and all forward-looking statements are qualified in their entirety by this cautionary statement.