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Hitt og þetta 12. september 2006

(IFN) Icelands Glitnir issues USD250mln hybrid Tier 1 bonds

Reykjavik (IFN) Iceland's Glitnir Bank issued USD250 million perpetual hybrid Tier 1 capital notes, the bank announced on Tuesday.

The issue is callable by Glitnir Bank after 10 years. The terms of the transaction are 265 basis points over 10 year US Treasury bonds, equivalent to 208 basis points over LIBOR. Based on figures from the first six months of 2006 the Bank's capital ratios now stand at 10.2% for Tier 1, and CAD at 15.3%

The transaction was structured in US 144a format and was sold overwhelmingly to US institutional investors. The transaction was more than 5 times oversubscribed, with total demand amounting to USD1.3 billion, Glitnir said.

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Icelandic Financial News (IFN) is available on Factiva, a joint venture between Reuters and Dow Jones Newswires, FT.COM, LexisNexis, Comtex, Gale and Thomson via the Nordic Business Report.

25 ára afmælistilboð VB – 50% afsláttur af áskrift

Afmælistilboð VB

Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.

Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is