Reykjavík Energy | Green Bond Auction August 28th

Core Viewpoint - Reykjavík Energy is conducting a bond auction on August 28, 2025, offering three classes of green bonds with varying interest rates and maturity dates [1][2][3]. Group 1: Bond Offerings - The bond class OR031033 GB has a fixed nominal interest rate of 8.30%, with equal semi-annual payments and a maturity date of October 3, 2033. Previously issued bonds in this class totaled ISK 9,650 million [1]. - The bond class OR280845 GB features a fixed interest rate of 3.70%, with equal semi-annual payments and a maturity date of August 28, 2045. This bond is redeemable in 2037, with previous issuances amounting to ISK 8,600 million [2]. - The bond class OR180255 GB carries a fixed indexed interest rate of 2.60%, with equal semi-annual payments and a maturity date of February 18, 2055. Prior issuances in this class reached ISK 38,921 million [3]. Group 2: Auction Details - Bids for the bonds must be submitted via email before UTC 17:00 on August 28, 2025, with transactions set to be settled on September 4, 2025 [4]. - Fossar Investment Bank hf. is responsible for overseeing the issuance, sale, and admission of the bonds to trading on the Nasdaq sustainable bonds market in Iceland [3].