Green Bond Auction May 16
16. may 2023
Orkuveitan
Reykjavík Energy (Orkuveita Reykjavíkur; OR) is holding a bond auction Tuesday, May 16, 2023. 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 2, 2034. Previously, bonds with a nominal value of ISK 14,577 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, 2055. Previously, bonds with a nominal value of ISK 23,221 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 17:00 on Tuesday, May 16, 2023. Transactions will be settled on Wednesday, May 24, 2023.
Contacts:
Benedikt K. Magnússon, CFO, phone: 516-6100
Matei Manolescu, Fossar Investment Bank, phone: 522 4008
