Landsbankinn hf.: Offering of covered bonds
May 21 2024 - 5:30AM
Landsbankinn hf.: Offering of covered bonds
Landsbankinn will offer covered bonds for sale
via auction held on Wednesday 22 May at 15:00. An inflation-linked
series, LBANK CBI 30, will be offered for sale.
In connection with the auction, a covered bond
exchange offering will take place, where holders of the
inflation-linked series LBANK CBI 24 can sell the covered bonds in
the series against covered bonds bought in the above-mentioned
auction. The clean price of the bonds is predefined at 99,537.
Expected settlement date is 29 May 2024.
Covered bonds issued by Landsbankinn are rated
A+ with stable outlook by S&P Global Ratings.
Landsbankinn Capital Markets will manage the
auction. For further information, please call +354 410 7330 or
email verdbrefamidlun@landsbankinn.is.