Core Points - Orkuveita Reykjavíkur (Reykjavík Energy; RE) is conducting a bond auction on March 11, 2025, offering three classes of green bonds [1][2][3] - The bonds include OR031033 GB with an 8.30% fixed nominal interest, maturing on October 3, 2033, and previously issued bonds valued at ISK 7,775 million [1] - OR280845 GB carries a 3.70% fixed interest rate, redeemable in 2037, with prior issuances totaling ISK 7,850 million [2] - OR180255 GB has a final maturity date of February 18, 2055, with previous issuances amounting to ISK 37,416 million [3] - Fossar Investment Bank hf. is responsible for overseeing the issuance, sale, and trading admission of these bonds on Nasdaq Iceland [3] Auction Details - Bids for the bonds must be submitted via email by UTC 17:00 on March 11, 2025 [4] - Settlement of transactions is scheduled for March 18, 2025 [4] - Contact information for the CFO and Fossar Investment Bank representatives is provided for inquiries [4]
Reykjavík Energy | Green Bond Auction March 11th