Icelandair calls $50.67 million of floating-rate bonds due 2021

By Marisa Wong

Morgantown, W.Va., May 8 – Icelandair Group hf will redeem $50,666,667 of its floating-rate bonds due 2021 on May 27, according to a notice.

There is currently $126,666,667 of the bonds outstanding.

After the partial redemption $76 million, or 40%, of the issued bond amount will remain outstanding.

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

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