Thereafter Sigurd went to the king, and the king said—
"What wilt thou have of us?"
Then said Sigurd, "I would even a horse of thee for my disport."
Then said the king, "Choose for thyself a horse, and whatso thing else thou desirest among my matters."
So the next day went Sigurd to the wood, and met on the way an old man, long-bearded, that he knew not, who asked him whither away.
Sigurd said, "I am minded to choose me a horse; come thou, and counsel me thereon."
"Well then," said he, "go we and drive them to the river which is called Busil-tarn."
They did so, and drave the horses down into the deeps of the river, and all swam back to land but one horse; and that horse Sigurd chose for himself; grey he was of hue, and young of years, great of growth, and fair to look on, nor had any man yet crossed his back.
Then spake the grey-beard, "From Sleipnir's kin is this horse come, and he must be nourished heedfully, for it will be the best of all horses;" and therewithal he vanished away.
So Sigurd called the horse Grani, the best of all the horses of the world; nor was the man he met other than Odin himself.