Heimar hf.: Expansion of the Bond Series HEIMAR50 GB

Core Viewpoint - Heimar hf. has successfully completed the offering of its green, inflation-linked bond series HEIMAR50 GB, which is secured by the company's general security arrangement [1][2]. Group 1: Bond Details - HEIMAR50 GB matures on 20 August 2050, with principal repayments following a 30-year annuity schedule until maturity [2]. - The bond carries a nominal interest rate of 2.477%, and the current outstanding nominal amount is ISK 14,420 million [2]. - Interest and principal payments are made quarterly in February, May, August, and November each year [2]. Group 2: Bidding and Settlement - Bids were received in the total nominal amount of ISK 4,760 million, with yields ranging between 3.98% and 4.04% [3]. - The company decided to accept bids amounting to ISK 1,800 million at a yield of 3.99% [3]. - Settlement of the transaction is scheduled for 24 June 2025, with an application for the new bonds to be admitted to trading on the Main Market of Nasdaq Iceland [3]. Group 3: Additional Information - The prospectus, final terms, green framework, and other documents related to the bond issuance are available on the company's website [4]. - Íslandsbanki Securities handled the issuance and sale of the bonds, as well as their admission to trading on Nasdaq Iceland [4].