Iceland repays loan


The Central Bank of Iceland, on behalf of the Republic of Iceland ("Iceland"), has reached an agreement to repay part of Iceland's outstanding syndicated loan arranged by Bayerische Landesbank with a final maturity in September 2011. Iceland has repaid a nominal amount of € 225,000,000 of the € 300,000,000 outstanding. This is done as part of sound debt and liquidity management for the Republic of Iceland.

GlobeNewswire

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