27. November 2017 - News and Notifications
Landsbankinn hf. announced today the results of a tender offer announced on 20 November 2017 where holders of its EUR 300,000,000 3.00 per cent. notes due 2018 (ISIN: XS1308312658) were invited to tender their notes for purchase by the bank against a cash payment. The tender offer was subject to the terms and conditions outlined in the tender offer memorandum dated 20 November 2017.
The bank received valid tenders of EUR 199,620,000 and offers in the amount of EUR 150,000,000 were accepted with a pro rata scaling factor of 75.6770%.
Further information on the tender offer results is available in the announcement made public on the Irish Stock Exchange (www.ise.ie) where the bonds are listed.
Vikubyrjun/Weekly bulletin - 19 March 2018 12:53 PM
The Monetary Policy Committee held policy rates unchanged, in line with our expectations. Concurrent with the interest rate decision, Governor Már Guðmundsson gave a statement on the special reserve requirement on capital inflows. The CBI released updated data on foreign direct investment.
News and Notifications - 13 March 2018 12:49 PM
According to preliminary figures from Statistics Iceland, economic growth measured 3.6% in 2017 following on the heels of 7.5% growth in 2016. There is a considerable slow-down between years, with economic growth in 2017 more in line with Iceland’s long-term potential output.
Vikubyrjun/Weekly bulletin - 12 March 2018 10:42 AM
GDP increased by 1.5% YoY in Q4 2017 and 3.6% for the FY 2017. Landsvirkjun issued an USD 200m green bond. We expect the Monetary Policy Committee to hold policy rates unchanged on Wednesday.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
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