Reykjavík Energy (Orkuveita Reykjavíkur) will hold a bond auction on Tuesday, June 11th2024. Bonds of the Green Bond classes OR020934 GB and OR180255 GB as well as a new Green Bond class OR280845 GB are offered for sale.
OR020934 GB has a fixed indexed interest rate and pays equal installments every six months with a final maturity on 2 September.and2034. Previously, bonds with a nominal value of ISK 27,607 million were issued in this class.
OR0280845 GB has a fixed indexed interest rate and pays equal installments every six months with a final maturity on August 28th.th2045. The bond has a fixed interest rate of 3.70% and is callable after 13 years.
OR0180255 GB has a fixed indexed interest rate and pays equal installments every six months with a maturity date of February 18th.th2055. Previously, bonds with a nominal value of ISK 34,246 million were issued in this class.
Fossar Investment Bank hf. oversees the issuance and sale of the bonds as well as their admission to trading on the Nasdaq Sustainable Bond Market in Iceland.
Bids must be sent to [email protected] before 17:00 UTC on Thursday, August 22nd.and2024. Transactions will settle on Thursday, August 29th.th2024.
Contacts:
Snorri Hafsteinn Þorkelsson, CFO, Tel: +354 516 6100, Email: snorri.hafsteinn.þ[email protected]
Matei Manolescu, Fossar Investment Bank, Tel: +354 522 4008, Email: [email protected]
