Islandsbanki closing in on market return

By Tom Porter
01 Nov 2013

Íslandsbanki has “reasonable expectations” of printing the inaugural bond from its new MTN programme before the end of the year, said an official at the Icelandic bank.

Íslandsbanki signed a long-awaited global MTN programme in June, the first such platform launched by an Icelandic bank since the country’s financial crisis in 2008/09.

The bank is under no time pressure — its next bond that may need refinancing is a 2019 subordinated deal — but the official said that discussions ...

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