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Published: 2019-10-09 13:51:09 CEST
Lykill fjármögnun hf.
Other information disclosed according to the rules of the Exchange

Lykill fjármögnun hf.: Auction of CPI-linked bonds on October 15th

Lykill fjármögnun hf. (Lykill) will conduct a bond auction of a CPI-linked bond series, LYKILL 26 05, next Tuesday, October 15th.

The bond series has a 7-year maturity, carries a fixed nominal rate of 3.30%, is CPI-linked and secured by cover pool, consisting of loans, leases and pledged accounts. The series is a CPI-linked annuity with quarterly payments and will mature May 15th, 2026. The bond series LYKILL 26 05 has been admitted to trading on the Nasdaq Iceland stock exchange.

Outstanding nominal amount in the bond series is 3.530.000.000 ISK

Fossar Markets is to manage the auction and will present it to potential investors. The auction will be closed with a Dutch method, where all bonds will be sold at the highest yield accepted. Lykill reserves the right to accept any offer partially or in full or refuse all offers. The auction results will be made public no later than the next business day following the auction.

Contacts:

Dadi Kristjansson, Fossar Markets hf., e-mail. dadi.kristjansson@fossarmarkets.com, tel. 840 4145.
Arnar Geir Sæmundsson, Head of Treasury at Lykill fjármögnun hf., e-mail. arnarg@lykill.is, tel.: 540 1700.