Green Bond Auction June 11th

4. jun 2024

Orkuveitan

Reykjavík Energy (Orkuveitan) is holding a bond auction on Tuesday, June 11th, 2024. Bonds in the green bond classes OR020934 GB and OR180255 GB will be offered for sale.

OR020934 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of September 2nd, 2034. Previously, bonds with a nominal value of ISK 27,042 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 18th, 2055. Previously, bonds with a nominal value of ISK 32,346 million have been issued in the class.

Fossar Investment Bank hf. oversees the issuance and sale of the bonds as well as 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 Tuesday, June 11th, 2024. Transactions will be settled on Tuesday, June 18th, 202