Reykjavík Energy – Green Bond Auction Results
May 14 2024 - 2:24PM
Reykjavík Energy – Green Bond Auction Results
Today, May 14th, 2024, Reykjavík Energy (Orkuveita Reykjavíkur)
concluded a green bond auction in the green bond classes OR020934
GB and OR180255 GB.
OR020934 GB bears fixed indexed interest and pays equal payments
every six months with a final maturity date of September 2nd, 2034.
Previously, bonds have been issued in the category with a nominal
value of ISK 24,262 million.
The series attracted bids totaling ISK 2,820 million nominal
value at yields between 3.99 - 4.08%. OR accepted bids amounting to
ISK 2,780 million at a yield of 4.06%.
OR180255 GB bears fixed indexed interest and pays equal payments
every six months with a final maturity date of February 18th, 2055.
Previously, bonds in the category have been issued with a
nominal value of ISK 31,736 million.
The series attracted bids totaling ISK 810 million nominal value
at yields between 3.45 -3.55%. OR accepted bids amounting to ISK
610 million at a yield of 3.50%.
Fossar Investment Bank oversees the issuance and sale of the
bonds as well as their admission to trading on the Nasdaq market in
Iceland with sustainable bonds.
Contacts:Snorri Hafsteinn Þorkelsson, CFO, tel: +354 516 6100,
email: snorri.hafsteinn.thorkelsson@or.isMatei Manolescu,
Fossar Investment Bank, phone: +354 522 4008, email:
matei.manolescu@fossar.is