Iceland Largest Bank Planning to Refinance $1.54 Billion in DebtBy
Landsbankinn may head to the markets later this year
Bank planning to refinance debts owned by failed lender LBI
Iceland’s Landsbankinn is planning this year to begin refinancing as much as 200 billion kronur ($1.54 billion) of debt issued to its failed predecessor Landsbanki Islands, both helping the country lift its capital restrictions and reducing its cost of financing.
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