Commentary & Deal Flow

The Republic of Iceland, (country: Iceland) rated A1/A+ by Moody's/S&P, has mandated BNP Paribas, Deutsche Bank, J.P. Morgan and Nomura as Joint Book Runners for a potential new 5-year 500 million (no grow) Euro-denominated RegS only benchmark offering. The deal is expected to be launched in the near future, subject to market conditions. Representatives from the Republic of Iceland will be available for 1-1 fixed-income investor calls on Monday 18-May-26 upon request.

• Disclaimers:
• • Relevant stabilisation regulations apply, including FCA/ICMA stabilisation.
  • EEA MiFID II / UK MiFIR product governance / Professional investors and ECPs only target market.
  • Manufacturer target market (EEA MiFID II / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
  • No EU or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or in the UK.