Islandsbanki gives result of tender offer for 1.125% notes due 2022

By Rebecca Melvin

Concord, N.H., Jan. 25 – Islandsbanki hf announced the results of its Jan. 17 cash tender offer for its €300 million 1.125% notes due April 12, 2022 (ISIN: XS1980828997), according to an announcement on Tuesday.

The bank, which was offering to buy any and all of the notes, received €199,916,000 valid tenders, of which all were accepted.

Dealer managers for the tender offer were BofA Securities Europe SA (+33 1 877 01057, DG.LM_EMEA@bofa.com), Deutsche Bank AG (+44 20 7545 8011), Morgan Stanley Europe SE (+44 20 7677 5040, liabilitymanagementeurope@morganstanley.com) and Nomura Financial Products Europe GmbH (+44 20 7103 2454, liability.management@nomura.com).

The tender agent was Lucid Issuer Services Ltd. (+44 20 7704 0880, islandsbanki@lucid-is.com).

The bank is based in Reykjavik, Iceland.

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