Landsbankinn hf.

Offering of covered bonds

Landsbankinn will offer covered bonds for sale via auction held on Wednesday 22 May at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale.

In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,537.

Expected settlement date is 29 May 2024.

Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings.

Landsbankinn Capital Markets will manage the auction. For further information, please call [phone] or email [e-mail].