UK markets closed
  • FTSE 100

    5,737.41
    -54.60 (-0.94%)
     
  • FTSE 250

    17,595.90
    -257.40 (-1.44%)
     
  • AIM

    972.57
    -3.81 (-0.39%)
     
  • GBP/EUR

    1.1045
    +0.0024 (+0.22%)
     
  • GBP/USD

    1.3068
    +0.0047 (+0.36%)
     
  • BTC-GBP

    10,395.01
    +324.40 (+3.22%)
     
  • CMC Crypto 200

    270.09
    +8.80 (+3.37%)
     
  • S&P 500

    3,396.70
    -4.27 (-0.13%)
     
  • DOW

    27,556.37
    -129.01 (-0.47%)
     
  • CRUDE OIL

    39.58
    +1.02 (+2.65%)
     
  • GOLD FUTURES

    1,911.00
    +5.30 (+0.28%)
     
  • NIKKEI 225

    23,485.80
    -8.54 (-0.04%)
     
  • HANG SENG

    24,787.19
    -131.59 (-0.53%)
     
  • DAX

    12,066.43
    -110.75 (-0.91%)
     
  • CAC 40

    4,738.02
    -78.10 (-1.62%)
     

Reykjavik Energy - Green Bond Offering Results

Orkuveita Reykjavíkur
·1-min read

Today, September 30th 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 4,730m nominal.

OR020934 GB attracted bids amounting to ISK 2,430m at a yield of 0.60% - 0.71%. OR accepted bids amounting to ISK 1,850m at a yield of 0.63%. OR0180255 GB attracted bids amounting to ISK 2,300m at a yield of 0.99% - 1.04%. OR accepted bids amounting to ISK 1,850m at a yield of 1.02%.

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: ingvar.stefansson@or.is

Matei Manolescu, Fossar Markets, tel: +354 522 4008, email: matei.manolescu@fossarmarkets.com