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Føroya Banki Plans DKK250 Million Senior Bond Issue
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01:20 AM EDT, 10/14/2026 (MT Newswires) -- Financial services company Føroya Banki (FOBANK.CO) intends to issue senior non-preferred bonds worth 250 million Danish kroner, according to a Tuesday release. The bonds are priced at three months Copenhagen Interbank Offered Rate plus an additional spread of 2.00%, with a maturity of six years and an option to call after four years, subject to the Danish Financial Supervisory Authority's approval. Settlement is scheduled for Oct. 20.
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