Islandsbanki begins tender offer for SEK 350 million floaters due 2020

By Marisa Wong

Los Angeles, March 30 – Islandsbanki hf is inviting holders of its outstanding SEK 350 million senior floating-rate notes due July 28, 2020 (ISIN: XS1940960625) to tender any and all of the notes for purchase for cash.

The issuer is offering to purchase the notes at 99.92 plus accrued interest.

The offer expires at 7 a.m. ET on April 3, according to a notice.

Nordea Bank Abp, filial i Sverige (NordeaLiabilityManagement@nordea.com, +45 6136 0379) is dealer manager and tender agent for the offer.

The bank is based in Reykjavik, Iceland.

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