RARIK ohf. - Bonds (RARIK 151235) admitted to trading on 12 May 2016


 

Term Sheet
 
Issuer: RARIK ohf.
Org. no: 520269-2669
Address: Dvergshöfða 2, 110 Reykjavík
 
Bonds/bills: Bonds
Symbol (Ticker) RARIK 151235
ISIN code IS0000026565
CFI code D-B-F-U-F-R
Registered at ISD Yes
Amortization type Equal instalments
Country Iceland
Currency ISK
Date of admission to trading 12.05.2016
Order book ID 122287
Instrument subtype Corporate Bonds
Market OMX ICE CP Fixed Income
List population name OMX ICE Corporate Bonds
Denomination in CSD ISK 20.000.000
Size limit ISK 12.000.000.000
Total issued amount ISK 7.660.000.000
Amount admitted to trading at this time ISK 7.660.000.000
Issue date Tuesday, December 15, 2015
First ordinary installment date Wednesday, June 15, 2016
Total number of installments 40
Installment frequency 2
Maturity date Saturday, December 15, 2035
Interest rate 3,224% fixed annual
Floating interest rate N/A
Premium N/A
Simple/compound interest Simple
Day count convention 30/360
Interest from date Tuesday, December 15, 2015
First ordinary coupon date Wednesday, June 15, 2016
Coupon frequency 2
Total number of coupon payments 40
Indexed Yes
Name of index VNV
Daily index or monthly index Daily Index
Base index value 430,2
Index base date Tuesday, December 15, 2015
Dirty price / clean price Clean price
Call option No
Put option No
Convertible No
Additional information  
Market making No
Credit rating (rating agency, date) NA
Securities depository Nasdaq Iceland Securities Depository
Coordinator – admission to trading Íslandsbanki hf.
If irregular cash flow, then how NA
If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? No