Heimar hf.: Expansion of the Bond Series HEIMAR50 GB

Heimar hf. (Nasdaq: HEIMAR) has completed an offering of the bond series HEIMAR50 GB. HEIMAR50 GB is a green, inflation-linked bond series secured by the company’s general security arrangement. The series matures on 20 August 2050, with principal repayments following a 30-year annuity schedule until maturity. Interest and principal payments are made quarterly, i.e. in February, May, August, and November each year. The bond carries a nominal interest rate of 2.477%, and the current outstanding nominal amoun ...