News


11.12.2017

Scheduled payment confirmed to be €140,464,677

Pursuant to 9.1(c) of the Conditions, and in furtherance of the Payment Notice issued on the 5 December 2017, the Issuer hereby notifies the Noteholders that the final amount of Euro Equivalent Available Cash paid on the 15 December 2017 will be €140,464,677.

Read More
05.12.2017

SCHEDULED PAYMENT ESTIMATED TO BE €140.6 MILLION

Terms defined in this notice shall be constructed in accordance with the conditions set out in the Schedule 1 to the Trust Deed, dated March 23rd, 2016 and made between the Issuer, the Trustee and the U.S. Trustee (the “Conditions“) (as amended in a noteholder meeting on 28 November 2016).

Pursuant to the Condition 9.1(b) of the Conditions, the Issuer hereby notifies the Noteholders of a payment which will be applied in partial redemption of the Notes on the Payment Date of 15 December 2017. The estimated Euro Equivalent Available Cash for this payment is € 140,581,694.

Read More
28.11.2017

Financial Information for Q3 2017

LBI has published its Management Account for Q3 2017 on its website under https://www.lbi.is/financial-info

LBI will host an investor call on Thursday 30 August 2017 at 14:00 GMT (14:00 London time, 09:00 New York time) and go through a presentation available on this website. Participants can use the dial-in using the instructions below. The investor call will be recorded and subsequently made available on LBI’s website for those unable to attend.

Read More
06.11.2017

LBI has completed LEI registration

Please be advised that LBI ehf. recently received a global Legal Entity Identifier (LEI) as can be evidenced by the following link: https://www.gleif.org/lei/549300GM65LBINUNMK73

Read More
04.09.2017

Ruling by the Criminal Court of Paris appealed

On Friday 1 September 2017 the Public Prosecutor and most of the borrowers in question appealed the Paris Criminal Court Judgement from 28 August 2017.  LBI is currently reviewing its position, including the potential effects of the appeals.

Read More