Correction: Landsbankinn hf.: Offering of covered bonds
Landsbankinn will offer covered bonds for sale via auction held on Wednesday 20 September at 15:00. A non-indexed series will be offered for sale, LBANK CB 27 in addition to a new non-indexed series, LBANK CB 29.
In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CB 23 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 99.380.
Expected settlement date is 27 September 2023.
Covered bonds issued by Landsbankinn are rated A with positive 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.
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