Landsvirkjun powers up Iceland’s return to market
Electricty utility Landsvirkjun has become the first Icelandic state owned entity to tap the syndicated loans market since the financial crisis in 2008, signing two revolvers totalling $286m in the last week of December. The new financing, comprising loans of $200m and Ikr10.5bn ($86m), will be used as back-stop lines.
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