Press Release: Landsbankinn hf.: Covered bond offering results

Press Release: Landsbankinn hf.: Covered bond offering results


 
   Today, Landsbankinn concluded an offering of two series of covered 
bonds. In total, bids were received for the amount of ISK 2,180m and 
bids were accepted for ISK 980m. 
 
   LBANK CBI 22, an inflation-linked series listed on Nasdaq Iceland, was 
tapped for ISK 840m at 3.41% yield. Landsbankinn has previously issued 
ISK 15,500m in the same series. Following the tap issuance, the total 
amount issued will be ISK 16,340m. 
 
   No bids in the non-indexed series LBANK CB 19 were accepted. 
 
   The bonds are scheduled to be admitted to trading on Nasdaq Iceland on 
14 July 2016 with Kvika acting as market maker. 
 
   The covered bonds are issued in accordance with a license from the 
Financial Supervisory Authority (FME), with reference to act. no. 
11/2008 and FME's rules no. 528/2008. Further information on the bonds 
and the cover pool is available on Landsbankinn's website, 
www.landsbankinn.is/covered-bonds. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Landsbankinn hf. via Globenewswire 
 
   HUG#2027089 
 
 
  https://www.landsbankinn.com/ 
 
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