Landsbankinn will offer covered bonds for sale via auction held on Wednesday 12 June at 15:00. Two inflation-linked series, LBANK CBI 24 and LBANK CBI 28 and two non-indexed series, LBANK CB 21 and LBANK CB 23 will be offered for sale.
Concurrent with the auction, a covered bond exchange offering will take place, where holders of the non-indexed series LBANK CB 19 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds in the series LBANK CB 19 is predefined at 100.705.
Expected settlement date is 19 June 2019.
Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.