Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Kaupthing Bank Kaupthing Bank hf. announces the results of the offering of structured covered bonds on 27 June 2008. Offers for a total nominal value of ISK 6.2 billion were received. Accepted offers for structured covered bonds:
- KAU CB1 for a nominal value of ISK 0.4 billion, with a weighted average yield of 5.30% - KAU CB2 for a nominal value of ISK 4.4 billion, with a weighted average yield of 5.17%
The settlement date is 2 July 2008.
For further information please contact Ólöf Hildur Pálsdóttir, Deputy Head of Investor Relations, tel. +354 444 6112 or ir@kaupthing.com.
About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, treasury services, asset management and comprehensive wealth management for private banking clients.
The Bank operates in all of the Nordic countries (Denmark, Finland, Iceland, Norway and Sweden) and in 6 countries in mainland Europe (the UK, Luxembourg, Belgium, Switzerland, Germany and the Isle of Man), as well as the US, the Dubai International Financial Centre (DIFC) and the Qatar Financial Centre (QFC). In Denmark, Kaupthing Bank operates under the name FIH Erhvervsbank. As of 31 March 2008 the number of full-time equivalent positions was 3,324 at Kaupthing Bank and its subsidiaries. www.kaupthing.com
