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
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.
Today 28 August 2017, the Criminal Court of Paris ruled in the case against nine former directors, executives and wealth management advisors of Landsbanki Luxembourg of a supposed fraud.
According to media coverage of the ruling, all nine indicted persons were fully acquitted of all charges.
LBI is currently reviewing the ruling and will provide comments, to the extent possible, during an investor call scheduled this Wednesday.
LBI has published its Management Account for Q2 2017 on its website under https://www.lbi.is/financial-info
LBI will host an investor call on Wednesday 30 August 2017 at 14:00 GMT (15:00 London time, 10:00 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.
Terms defined in this notice shall be construed in accordance with the conditions set out in the Schedule 1 to the Trust Deed, dated 23 March 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 9.1(c) of the Conditions, and in furtherance of the Unscheduled Payment Notice issued on the 30 June 2017, the Issuer hereby notifies the Bondholders that the final amount of Euro Equivalent Available Cash paid on the 21 July 2017 will be €146,561,602.