Chicago, March 5 – Landsbankinn hf. completed the sale of €300 million of 5% four-year green bonds, according to a press release.
The bonds priced at a spread of 225 basis points over mid-swaps.
More than 150 investors participated for a subscription amount of over €2 billion.
ABN Amro Bank, Barclays Bank, BofA Securities and Goldman Sachs Bank Europe were the dealer managers.
The listing will be in Dublin on March 13.
Reykjavik, Iceland-based Landsbankinn provides personal and corporate banking and financial market solutions.
| Issuer: | Landsbankinn hf.
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| Amount: | €300 million
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| Issue: | Green bonds
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| Maturity: | May 2028
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| Bookrunners: | ABN Amro Bank, Barclays Bank, BofA Securities and Goldman Sachs Bank Europe
|
| ESG assessor: | Sustainalytics
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| Coupon: | 5%
|
| Spread: | Mid-swaps plus 225 bps
|
| Settlement date: | March 5
|
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