Reykjavík Energy | Green Bond Auction January 29th

Bond Auction Details - Reykjavík Energy is holding a bond auction on January 29, 2025, offering three green bond classes: OR031033 GB, OR280845 GB, and OR180255 GB [1] - OR031033 GB has a fixed nominal interest rate of 8.30%, pays semi-annual installments, and matures on October 3, 2033, with previously issued bonds totaling ISK 6,390 million [1] - OR280845 GB has a fixed indexed interest rate of 3.70%, pays semi-annual installments, matures on August 28, 2045, and is redeemable in 2037, with previously issued bonds totaling ISK 4,770 million [2] - OR180255 GB has a fixed indexed interest rate, pays semi-annual installments, matures on February 18, 2055, and has previously issued bonds totaling ISK 36,966 million [3] Bond Issuance and Trading - Fossar Investment Bank oversees the issuance, sale, and admission of the bonds to trading on the Nasdaq sustainable bonds market in Iceland [3] Auction Submission and Settlement - Bids must be submitted to utbod@fossar.is by UTC 17:00 on January 29, 2025, with transactions settling on February 5, 2025 [4] Contact Information - Snorri Hafsteinn Þorkelsson, CFO of Reykjavík Energy, can be contacted at +354 516 6100 or snorri.hafsteinn.þorkelsson@or.is [4] - Matei Manolescu of Fossar Investment Bank can be contacted at +354 522 4008 or matei.manolescu@fossar.is [4]