Íslandsbanki hf. (the Offeror) announces today the results of its invitation to holders of its outstanding €300,000,000 0.500 per cent. Notes due 20 November 2023 (ISIN: XS2259867039) (the Notes) to tender their Notes for purchase by the Offeror for cash (such invitation the Offer).
The Offer was announced on 9 May 2023 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 9 May 2023 (the Tender Offer Memorandum) prepared by the Offeror.
The Bank received valid tenders of €220,417,000 which were all accepted. For further detail please see the attached Tender Results Announcement.
The Dealer Managers are Barclays, Citigroup, Goldman Sachs Bank Europe and J.P. Morgan.