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Published on 6/23/2020 in the Prospect News Liability Management Daily.

Islandsbanki buys back SEK 75 million of its floaters due 2021

By Wendy Van Sickle

Columbus, Ohio, June 23 – Islandsbanki hf bought back and will cancel SEK 75 million of the SEK 100 million floating-rate notes due Feb. 1, 2021 (ISIN XS1760783164), according to a news release.

The open-market repurchase program announced on May 12 for the remaining bonds outstanding of its €56.28 million of 1.75% notes due Sept. 7, 2020 (ISIN: XS1484148157) had not resulted in any repurchases as of Tuesday, the company said.

The bank is based in Reykjavik, Iceland.


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