| Issuer Information | ||
| 1 | Issuer: | Almenna leigufélagið ehf. |
| 2 | Org. no: | 6110130350 |
| 3 | LEI | 25490082EV52LTDCT350 |
| Issue Information | ||
| 4 | Symbol (Ticker) | AL231124 |
| 5 | ISIN code | IS0000030401 |
| 6 | CFI code | D-B-F-S-F-R |
| 7 | FISN númer | ALMENNA LEIGUF/3.3 BD 20241123 |
| 8 | Bonds/bills: | Bond |
| 9 | Total issued amount | 1,080,000,000 |
| 10 | Total amount previously issued | 0 |
| 11 | Amount issued at this time | 1,080,000,000 |
| 12 | Denomination in CSD | 20,000,000 |
| 13 | Listed on Nasdaq Stock Exchange | Yes |
| Amortization - Cash Flow | ||
| 14 | Amortization type | Annuity |
| 15 | Amortization type, if other | Indexed bond with irregular repayments. See field 35 for further explanation. |
| 16 | Currency | ISK |
| 17 | Currency, if other | |
| 18 | Issue date | November 23, 2018 |
| 19 | First ordinary installment date | May 23, 2019 |
| 20 | Total number of installments | 12 |
| 21 | Installment frequency | 2 |
| 22 | Maturity date | November 23, 2024 |
| 23 | Interest rate | 3.30% |
| 24 | Floating interest rate, if applicable | |
| 25 | Floating interest rate, if other | |
| 26 | Premium | N/A |
| 27 | Simple/compound interest | Simple Interest |
| 28 | Simple/compound, if other | |
| 29 | Day count convention | 30E/360 |
| 30 | Day count convention, if other | |
| 31 | Interest from date | November 23, 2018 |
| 32 | First ordinary coupon date | May 23, 2019 |
| 33 | Coupon frequency | 2 |
| 34 | Total number of coupon payments | 12 |
| 35 | If irregular cash flow, then how | The repayment of the bond is not in line with the bond's duration. The bond is to be repaid in full over 6 years, with 12 payments in total, that is a payment is due every 6 months. For the first 11 installments the payments are the same as for a 25 year indexed annuity that has 50 installments, one every 6 months. But the on the maturity date, the 23rd of November 2024, the remainder of the principal, accrued interest and indexation will be repaid in full. |
| 36 | Dirty price / clean price | Clean Price |
| 37 | If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? | No |
| Indexing | ||
| 38 | Indexed | Yes |
| 39 | Name of index | CPI |
| 40 | Daily index or monthly index | Daily Index |
| 41 | Daily index or monthly index, if other | |
| 42 | Base index value | 458.7067 |
| 43 | Index base date | November 23, 2018 |
| Other Information | ||
| 44 | Call option | No |
| 45 | Put option | No |
| 46 | Convertible | No |
| 47 | Credit rating (rating agency, date) | N/A |
| 48 | Additional information | The repayment of the bond is not in line with the bond's duration. The bond is to be repaid in full over 6 years, with 12 payments in total, that is a payment is due every 6 months. For the first 11 installments the payments are the same as for a 25 year indexed annuity that has 50 installments, one every 6 months. But on the maturity date, the 23rd of November 2024, the remainder of the bond will be repaid. |
| These bonds are issued within the 30 billion ISK publishing terms of the issuer. Integral information about the bonds and the issuer can be approached by taking into account this term sheet, the issue description of the bond class, the final terms of each bond class and base prospectus of the issuer dated the 13th of December 2017. The aforementioned files can be found on the issuers website (http://www.al.is/#!//investors). The bonds are collateralized based on an arrangement made on the 6th of December 2017 by the issue of a letter of indemnity, pledge agreement, the signing of a mortgagee agreement, agency agreement and agreement with a certifying authority. These files can be found on the the issuers website (http://www.al.is/#!/investor). By investing in the collateralized bonds, investors are in agreement with the aforementioned info. | ||
| Admission to Trading | ||
| 49 | Registered at CSD | Yes |
| 50 | Securities depository | Nasdaq CSD Iceland |
| 51 | Date of Application for Admission to Trading | November 23, 2018 |
| 52 | Date of Approval of Application for Admission to Trading | November 25, 2018 |
| 53 | Date of admission to trading | November 27, 2018 |
| 54 | Order book ID | 164092 |
| 55 | Instrument subtype | Corporate Bonds |
| 56 | Market | OMX ICE CP Fixed Income |
| 57 | List population name | OMX ICE Corporate Bonds |
| 58 | Static volatility guards | No |
| 59 | Dynamic volatility guards | No |
| 60 | MiFIR identifier | BOND - Bonds |
| 61 | Bond type | CRPB - Corporate Bond |