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Commentary & Deal Flow

NEW ISSUE: The Republic of Iceland €500m (No Grow) 5yr Sr Unsec; MS+45a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

The Republic of Iceland

5yr

27-May-31

€500m (No Grow)

Sr Unsec

Fixed

MS+45a


Guidance: 5yr: MS+45a


  • Issuer: The Republic of Iceland
  • LEI: 254900IPCJWRC6XAJN15
  • ISIN: XS3388350434
  • Format: Reg S Registered, Category 1
  • Rating: A1/A+ (Moody's/S&P)
  • Size: €500m (No Grow)
  • Maturity: 27-May-31
  • Settlement: 27-May-26 (T+5)
  • Coupon: Fixed, Annual
  • Day Count: Act/Act
  • Listing: London Stock Exchange
  • Denominations: €100k + €1k
  • Leads: BNPP / DB / JPM / Nomura (B&D)
  • 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.
  • Timing: Books open, today's business