Nordic Business Report-April 13, 2006-Kaupthing Bank hf announces USD500m bond issue
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Icelandic bank Kaupthing Bank hf said on Wednesday (12 April) that it had issued a USD500m five-year bond.
The issue, which was Kaupthing Bank's first under the US 144A MTN programme, was sold in its entirety to a single party.
The transaction was arranged by CitiGroup and Deutsche Bank.
One US dollar (USD) is worth approximately 0.57 British pounds (GBP).
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