12. February 2020 - News and Notifications
Landsbankinn hf. has today concluded a sale of new 4.25-year EUR 300 million senior unsecured bonds maturing in May 2024 with a fixed 0.50% coupon. The bonds were sold at terms equivalent to an 83 basis point spread above mid-swap market rate. The total demand was in excess of EUR 800 million from over 90 investors. The bonds were sold to institutional investors in the UK, continental Europe and Scandinavia.
The bonds will be issued under the Bank’s EMTN programme and are scheduled to be admitted to trading on the Irish Stock Exchange on 20 February 2020.
Joint lead managers on the transaction were Barclays, BofA Securities and J.P. Morgan.
News and Notifications - 30 July 2020 04:05 PM
Landsbankinn's after-tax performance was negative by ISK 3.3 billion during the first half of 2020, compared with a profit of ISK 11.1 billion during the same period in 2019. Loan impairment amounted to ISK 13.4 billion during the period, equal to about 1.1% of the bank‘s loan portfolio, compared with an impairment of ISK 2.4 billion in the same period last year.
News and Notifications - 24 July 2020 01:50 PM
The international business and finance magazine Euromoney has chosen Landsbankinn as the best bank in Iceland, and this is the second year in a row that the bank receives this recognition.
News and Notifications - 07 May 2020 04:55 PM
In the first three months of 2020, Landsbankinn's after-tax results were negative by ISK 3.6 billion, compared with an ISK 6.8 billion profit for the same period in 2019. Loan impairment amounted to ISK 5.2 billion in the period, compared with impairment of ISK 1 billion in the same period last year.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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