Landsvirkjun

Debt Programmes

Landsvirkjun's EMTN programme

EMTN programme with the guarantee of collection 

In 1998 Landsvirkjun decided to unify all issued bonds under one single master agreement. An EMTN programme (Euro Medium Term Note) was established and listed in Luxembourg.

All standard clauses for issued bonds are the same and therefore note holders are equal.

EMTN programme without the guarantee of collection

In 2013 Landsvirkjun signed an EMTN (Euro Medium Term Note) programme without the guarantee of collection. The programme was established and listed in Luxembourg.

The porpose of the programme was to unify all issued bonds under one single master agreement

All standard clauses for issued bonds are the same and therefore note holders are equal.

Further Information

Landsvirkjun's Prospectus 2015

Without the guarantee of collection

Landsvirkjun's Prospectus 2014

Without the guarantee of collection

Landsvirkjun's Prospectus 2013

Without the guarantee of collection

Credit Ratings

EMTN programme with the guarantee of collection

Moody's

September 5, 2016
Updated
(P)P-2
Short term
(P)Baa1
Long term
Stable
Outlook

Standard & Poor's

January 19, 2016
Updated
A-3
Short term
BBB-
Long term
Stable
Outlook

EMTN programme without the guarantee of collection

Moody's

September 5, 2016
Updated
(P)P-3
Short term
(P)Baa3
Long term
Stable
Outlook

Standard & Poor's

January 19, 2016
Updated
A-3
Short term
BBB-
Long term
Stable
Outlook

Moody's

Standard & Poor's