Eyrir Invest buys back ISK 325 million bonds, reaches loan agreement

By Ashley Montgomery

Kansas City, Kan., Oct. 6 - Eyrir Invest ehf. repurchased ISK 325 million nominal amount of its EYRI 0 5 1 bonds at par, according to a company press release.

The company has also reached an ISK 500 million loan agreement with MP Bank, the press release said. The loan carries a variable interest rate and is due November 2016

The company said both transactions were part of its debt and cash flow management.

Eyrir Invest is an investment company based in Reykjavik, Iceland.

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