Today, December 1st 2020, Reykjavik Energy (OR; Orkuveita Reykjavikur) concluded its closed green bond offering in the series OR020934 GB and OR0180255 GB. The bonds pay a fixed real-interest rate with a semiannual annuity amortization schedule and have a final maturity on September 2nd 2034 and February 18th 2055 respectively.
The series attracted bids totaling ISK 3,980m nominal.
OR020934 GB attracted bids amounting to ISK 2,970m at a yield of 1.28% - 1.44%. OR accepted bids amounting to ISK 2,270m at a yield of 1.36%.
OR0180255 GB attracted bids amounting to ISK 920m at a yield of 1.42% - 1.47%. OR accepted bids amounting to ISK 620m at a yield of 1.43%.
Fossar Markets managed the process on behalf of OR. The green bond series will be listed on the Nasdaq Iceland Sustainable Bond market.
For further information please contact:
Ingvar Stefánsson, CFO, tel: +354 516 6100, email: email@example.com
Matei Manolescu, Fossar Markets, tel: +354 522 4008, email: firstname.lastname@example.org