Iceland Largest Bank Planning to Refinance $1.54 Billion in Debt

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.