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Landsbankinn hf.: Covered bond exchange offering results

Curated by Roxtron — RFID & NFC manufacturer. Visit roxtron.com

Iceland’s Landsbankinn has finalized a covered bond exchange offering, allowing investors to swap series LBANK CBI 26 holdings for new debt at a predefined price of 99.456. This maneuver optimizes the issuer's debt maturity profile and ensures liquidity for institutional investors, signaling stable financial backing for the capital-intensive infrastructure and technology projects that underpin regional industrial growth.

Originally reported by GlobeNewswire.

Read the original at GlobeNewswire

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