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Published on 3/11/2019 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Icelandair plans to redeem some bonds via $80 million loan proceeds

By Wendy Van Sickle

Columbus, Ohio, March 11 – Icelandair Group hf plans to redeem some of its bonds with proceeds of a five-year $80 million loan agreement, according to a news release.

The company announced the new loan agreement with an Icelandic bank on Monday.

Icelandair is a Reykjavik, Iceland-based holding company active in the airline and tourism industries.


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