Kvika has issued its first international bond, a
The bonds are issued under Kvika’s
The transaction was arranged by Swedbank in
Marinó Örn Tryggvason, CEO of Kvika:
"The issuance of an international bond is a logical step for Kvika and increases the diversification of its funding. Kvika’s core operations are robust, and capital-, funding- and liquidity ratios are strong. The participation of international investors is a welcome sign of confidence in the Bank, its strategy, and ambitions and we would like to thank them all for their interest in today’s offering.
It has been encouraging to witness the positive reactions that Kvika has received from a diverse base of international investors while conducting its first introductions to market participants as an international issuer. We will continue to take steps to strengthen the Bank as an international issuer and look forward to building our relationship with international investors.”
For further information please contact Halldór Karl Högnason, Head of
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