Skip to main content

Landsbankinn hf.: Offering of subordinated bonds

Written by Customer Service on . Posted in Public Companies.

Landsbankinn will offer new series of subordinated bonds, LBANK T2I 36, for sale via auction held on Thursday 12 December at 15:00.

An inflation-linked subordinated series will be offered for sale that counts towards Tier 2 capital. The bonds bear fixed interest rates payable annually and have a maturity in June 2036 with a call option in June 2031 and on every subsequent interest payment date thereafter (11.5NC6.5).

The auction is a Dutch auction, where bonds will be offered at the same price, determined by the highest yield accepted in the auction. Landsbankinn reserves the right to accept any bid, either partially or in full, or to reject any bid, either partially or in full. Expected settlement date is 19 December 2024,

The offering is not intended for retail investors.

Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.