Reykjavík Energy | Green Bond Auction January 29th

Reykjavík Energy (Orkuveita Reykjavíkur; Orkuveitan) is holding a bond auction on Wednesday, January 29^th, 2025. Bonds in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB will be offered for sale.

OR031033 GB bears 8,30% fixed nominal interest and pays equal instalments every six months with a final maturity date of October 3^rd, 2033. Previously, bonds with a nominal value of ISK 6,390 million have been issued in the class.

OR0280845 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of August 28^th, 2045. The bond carries 3,70% fixed interest and is redeemable in the year 2037. Previously, bonds with a nominal value of ISK 4,770 million have been issued in the class.

OR0180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of February 18^th, 2055. Previously, bonds with a nominal value of ISK 36,966 million have been issued in the class.

Fossar Investment Bank hf. oversees the issuance and sale of the bonds and their admission to trading on the Nasdaq sustainable bonds market in Iceland.

Bids must be submitted to the email address utbod@fossar.is before UTC 17:00 on Wednesday, January 29^th, 2025. Transactions will be settled on Wednesday, February 5^th, 2025.

Contacts:

Snorri Hafsteinn Þorkelsson, CFO, tel: +354 516 6100, email: snorri.hafsteinn.þorkelsson@or.is         

Matei Manolescu, Fossar Investment Bank, tel: +354 522 4008, email: matei.manolescu@fossar.is       

© 2025 GlobeNewswire, Inc. All Rights Reserved.

Read More..

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.