Republic of Iceland offers to buy back its own debt issued in dollars.

| Source: Ríkissjóður Íslands - Lánamál ríkisins Ríkissjóður Íslands - Lánamál ríkisins

From today the Republic of Iceland offers to buy back its 5.875% notes due 2022 issued in dollars maturing in May 2022. The Republic offers to buy any or all outstanding bonds at a fixed spread of 75bp over the reference treasury bond (UST 1.875% due February 28, 2022). The tender offer expires on April 4th, 2017 (see attachments).

Attachments

Iceland 2017 Tender - Invitation for Offers.pdf Iceland 2017 Tender - Launch Announcement.pdf