News Archive
Meeting of Bondholders on 28 November 2016
Notice is hereby given by the Issuer that, pursuant to the provisions of Annex 1 of the terms and conditions of the Bonds (the "Conditions"), a meeting (the "Meeting") of the Bondholders will be held on 28 November 2016 at 10.00a.m.
Extraordinary general meeting of LBI ehf. on 28 November 2016
The Board of Directors of LBI ehf., reg. no. 540291-2259, hereby gives notice that an extraordinary general meeting of LBI ehf. will be held at Hilton Reykjavik Nordica at Sudurlandsbraut 2 in Reykjavik on 28 November 2016. The meeting will start at 12.00 pm.
Expiry of Re-Registration Period for Old LBI Securities Issued through DBTCA
The period for beneficial owners of old LBI securities issued through Deutsche Bank Trust Corporation Americas (“DBTCA”) to re-register their positions into LBI Convertible Notes has now expired.
Unscheduled Payment confirmed to be €418,713,810
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“).
Markdown and cancellation of additional old LBI securities
LBI has been in the process of marking down and cancelling old LBI securities for the last few months. The relevant depositories and leading agents have been reached out to in order to effect the markdown and cancellation of LBI securities.
Unscheduled Payment estimated to be €418,648,652
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“).
Markdown and cancellation of old LBI securities
LBI has been in the process of marking down and cancelling old LBI securities for the last few months. The relevant depositories and leading agents have been reached out to in order to effect the markdown and cancellation of LBI securities. As matters currently
Markdown and cancellation of old LBI securities (copy)
LBI has been in the process of marking down and cancelling old LBI securities for the last few months. The relevant depositories and leading agents have been reached out to in order to effect the markdown and cancellation of LBI securities. As matters currently
Unscheduled Payment estimated to be €415,000,000
Pursuant to Condition 9.2(a) of the Convertible Notes due 2035, LBI ehf. hereby gives notice of its intention to make an unscheduled payment in respect of the Convertible Notes on October 12, 2016 in an amount currently estimated to be €415,000,000.
LBI’s share capital converted to EUR
The shareholders of LBI ehf unanimously accepted amendments to the Articles of Association in an extraordinary general meeting this morning, September 16, 2016. There were principally two changes made to the Articles of Association.