Scheduled payment confirmed to be €41,173,933

Pursuant to 9.1(c) of the Conditions, and in furtherance of the Payment Notice issued on the 5 June 2018, the Issuer hereby notifies the Noteholders that the final amount of Euro Equivalent Available Cash paid on the 15 June 2018 will be €41,173,933.

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Scheduled payment estimated to be € 41.3 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 June 2018. The estimated Euro Equivalent Available Cash for this payment is € 41,308,430.

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LBI's Management Accounts for Q1 2018

LBI's Management Accounts for Q1 2018 have now been released on LBI's website under

LBI will host an investor call to present and discuss the results on Tuesday 29 May 2018 at 13:00 (GMT), 14:00 (BST) London and 09:00 New York time (EST). The investor call is recorded and will be made available on LBI’s website for those unable to attend.

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Annual General Meeting of LBI ehf. - 18 April 2018

The Annual General Meeting of LBI ehf., reg. no. 540291-2259, will be held at Hilton Reykjavik Nordica Hotel at Sudurlandsbraut 2 in Reykjavik, on 18 April 2018. The meeting will commence at 10 AM.

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LBI wins 11 Money Market cases at the Reykjavik District Court

On 28 March 2018, the Reykjavik District Court announced its judgment in 11 Money Market test cases rejecting all claims against LBI but not awarding any legal cost.  These 11 cases were selected as test cases from a pool of 219 similar Money Market cases against LBI.  

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