Term Sheet
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Issuer: Arion Bank hf.
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Org. no: 581008-0150
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Address: Borgartun 19,105
Reykjavík, Iceland
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-------------------------------------------------------------------------------- - Bonds/bills: Bills -------------------------------------------------------------------------------- Symbol (Ticker) ARION 171020 -------------------------------------------------------------------------------- ISIN code IS0000027852 -------------------------------------------------------------------------------- CFI code D-Y-Z-U-X-R -------------------------------------------------------------------------------- Registered at ISD Yes -------------------------------------------------------------------------------- Amortization type One Payment on date of maturity -------------------------------------------------------------------------------- Country Iceland -------------------------------------------------------------------------------- Currency ISK -------------------------------------------------------------------------------- Date of admission to trading 20.10.2016 -------------------------------------------------------------------------------- Order book ID 128387 -------------------------------------------------------------------------------- Instrument subtype Corporate Bonds -------------------------------------------------------------------------------- Market OMX ICE DP Fixed Income -------------------------------------------------------------------------------- List population name OMX ICE Bank Bills -------------------------------------------------------------------------------- Denomination in CSD 20.000.000 -------------------------------------------------------------------------------- Size limit 25.000.000.000 -------------------------------------------------------------------------------- Total issued amount 760.000.000 -------------------------------------------------------------------------------- Amount admitted to trading at this time 760.000.000 -------------------------------------------------------------------------------- Issue date Thursday, October 20, 2016 -------------------------------------------------------------------------------- First ordinary installment date Friday, October 20, 2017 -------------------------------------------------------------------------------- Total number of installments 1 -------------------------------------------------------------------------------- Installment frequency N/A -------------------------------------------------------------------------------- Maturity date Friday, October 20, 2017 -------------------------------------------------------------------------------- Interest rate No Interests -------------------------------------------------------------------------------- Floating interest rate N/A -------------------------------------------------------------------------------- Premium N/A -------------------------------------------------------------------------------- Simple/compound interest Simple -------------------------------------------------------------------------------- Day count convention Actual/360 (ICMA) -------------------------------------------------------------------------------- Interest from date N/A -------------------------------------------------------------------------------- First ordinary coupon date N/A -------------------------------------------------------------------------------- Coupon frequency N/A -------------------------------------------------------------------------------- Total number of coupon payments N/A -------------------------------------------------------------------------------- Indexed No -------------------------------------------------------------------------------- Name of index N/A -------------------------------------------------------------------------------- Daily index or monthly index NA -------------------------------------------------------------------------------- Base index value N/A -------------------------------------------------------------------------------- Index base date N/A -------------------------------------------------------------------------------- Dirty price / clean price N/A -------------------------------------------------------------------------------- Call option No -------------------------------------------------------------------------------- Put option No -------------------------------------------------------------------------------- Convertible No -------------------------------------------------------------------------------- Additional information None -------------------------------------------------------------------------------- Market making No Market making -------------------------------------------------------------------------------- Credit rating (rating agency, date) No Credit Rating -------------------------------------------------------------------------------- Securities depository Nadaq CSD Iceland -------------------------------------------------------------------------------- Coordinator - admission to trading Arion Bank hf. -------------------------------------------------------------------------------- If irregular cash flow, then how N/A -------------------------------------------------------------------------------- If payment date is a bank holiday, does payment include No accrued interest for days missing until next business day? --------------------------------------------------------------------------------
-------------------------------------------------------------------------------- - Bonds/bills: Bills -------------------------------------------------------------------------------- Symbol (Ticker) ARION 171020 -------------------------------------------------------------------------------- ISIN code IS0000027852 -------------------------------------------------------------------------------- CFI code D-Y-Z-U-X-R -------------------------------------------------------------------------------- Registered at ISD Yes -------------------------------------------------------------------------------- Amortization type One Payment on date of maturity -------------------------------------------------------------------------------- Country Iceland -------------------------------------------------------------------------------- Currency ISK -------------------------------------------------------------------------------- Date of admission to trading 20.10.2016 -------------------------------------------------------------------------------- Order book ID 128387 -------------------------------------------------------------------------------- Instrument subtype Corporate Bonds -------------------------------------------------------------------------------- Market OMX ICE DP Fixed Income -------------------------------------------------------------------------------- List population name OMX ICE Bank Bills -------------------------------------------------------------------------------- Denomination in CSD 20.000.000 -------------------------------------------------------------------------------- Size limit 25.000.000.000 -------------------------------------------------------------------------------- Total issued amount 760.000.000 -------------------------------------------------------------------------------- Amount admitted to trading at this time 760.000.000 -------------------------------------------------------------------------------- Issue date Thursday, October 20, 2016 -------------------------------------------------------------------------------- First ordinary installment date Friday, October 20, 2017 -------------------------------------------------------------------------------- Total number of installments 1 -------------------------------------------------------------------------------- Installment frequency N/A -------------------------------------------------------------------------------- Maturity date Friday, October 20, 2017 -------------------------------------------------------------------------------- Interest rate No Interests -------------------------------------------------------------------------------- Floating interest rate N/A -------------------------------------------------------------------------------- Premium N/A -------------------------------------------------------------------------------- Simple/compound interest Simple -------------------------------------------------------------------------------- Day count convention Actual/360 (ICMA) -------------------------------------------------------------------------------- Interest from date N/A -------------------------------------------------------------------------------- First ordinary coupon date N/A -------------------------------------------------------------------------------- Coupon frequency N/A -------------------------------------------------------------------------------- Total number of coupon payments N/A -------------------------------------------------------------------------------- Indexed No -------------------------------------------------------------------------------- Name of index N/A -------------------------------------------------------------------------------- Daily index or monthly index NA -------------------------------------------------------------------------------- Base index value N/A -------------------------------------------------------------------------------- Index base date N/A -------------------------------------------------------------------------------- Dirty price / clean price N/A -------------------------------------------------------------------------------- Call option No -------------------------------------------------------------------------------- Put option No -------------------------------------------------------------------------------- Convertible No -------------------------------------------------------------------------------- Additional information None -------------------------------------------------------------------------------- Market making No Market making -------------------------------------------------------------------------------- Credit rating (rating agency, date) No Credit Rating -------------------------------------------------------------------------------- Securities depository Nadaq CSD Iceland -------------------------------------------------------------------------------- Coordinator - admission to trading Arion Bank hf. -------------------------------------------------------------------------------- If irregular cash flow, then how N/A -------------------------------------------------------------------------------- If payment date is a bank holiday, does payment include No accrued interest for days missing until next business day? --------------------------------------------------------------------------------