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Landsbankinn plans to redeem ISK 47 billion of bonds by year’s end
By Wendy Van Sickle
Columbus, Ohio, Sept. 21 – Landsbankinn hf. reached an agreement Friday with the winding-up board of LBI hf. to prepay its foreign-currency bonds due October 2016 and to partially prepay it during 2015, according to a press release.
The total prepayment will amount to ISK 47 billion.
Landsbankinn provides personal and corporate banking and financial market solutions primarily in Iceland.
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