Kvika banki hf.: Results of Bond Offering KVIKA 28 0703

Group 1 - Kvika banki hf. held a closed auction for the bond series KVIKA 28 0703 with total bids amounting to ISK 9,860 million [1] - The spread for the bids ranged from 0.89% to 1.50% over the 3M REIBOR, with accepted bids totaling ISK 5,000 million at a 1.14% spread [1] - The bonds have a maturity of 3 years and will pay interest quarterly, scheduled to be admitted to trading on Nasdaq Iceland in July 2025 [1] - The bonds will be issued under the bank's EMTN programme [1]