Senior non-preferred bond issuance in NOK
Today, Landsbankinn concluded the sale of floating rate senior non-preferred bonds in the amount of NOK 500 million. The bonds have a 5-year tenor and an issuer call option after 4 years (5NC4). The bonds were priced at a spread of 165bps over 3-month NIBOR.
The bonds will be issued under the bank's EMTN programme and will be admitted to trading on Euronext Dublin as of 26 March 2025.
Nordea acted as a dealer on the transaction.
