Islandsbanki hf. today announces the final results of its invitations to the holders of its outstanding SEK senior unsecured floating rate notes due 28 July 2020 (ISIN: XS1940960625) to tender their Notes for cash.
The Tender Offer was announced on 30 March 2020 and was made on the terms and subject to the conditions contained in the tender offer announcement dated 30 March 2020 and published by the Issuer.
As of today, 2 April 2020, valid tender instructions of SEK 350,000,000 in aggregate nominal amount of Notes were received pursuant to the Tender Offer. All valid tender instructions received pursuant to the Tender Offer have been accepted for purchase by the Issuer.
Settlement of the Tender Offer occurred at a running basis with settlement T+2 business days from the date of receipt of a valid tender instruction from a Holder, with the last settlement date being 6 April 2020. All Notes purchased by the Issuer will be cancelled.
Further information on the tender offer results is available in the announcement that was made public on the Irish Stock Exchange (www.ise.ie) where the notes are listed.