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Published on 11/19/2020 in the Prospect News Green Finance Daily.

New Issue: Islandsbanki prices ISK 2.7 billion of 3.5% five-year green bonds

By Wendy Van Sickle

Columbus, Ohio, Nov. 19 – Islandsbanki hf priced ISK 2.7 billion of 3.5% five-year senior green bonds, according to a press release.

The bond was sold in a private placement to a wide range of domestic investors and is the first green issue by an Icelandic bank according to the release.

The bank is based in Reykjavik, Iceland.

Issuer:Islandsbanki hf
Issue:Senior green bonds
Amount:ISK 2.7 billion
Maturity:Five years
Coupon:3.5%
Issue date:Nov. 19

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