Reykjavik Energy plans to sell more green bonds due 2034 and 2055

By Sarah Lizee

Olympia, Wash., June 15 – Orkuveita Reykjavikur said it will conduct a closed auction of inflation-linked green bonds in the series OR020934 GB and OR0180255 GB on June 23.

Series OR020934 GB pays a fixed real-interest rate, has a semiannual annuity amortization schedule and a final maturity on Sept. 2, 2034. Series OR0180255 GB pays a fixed real-interest rate, has a semiannual annuity amortization schedule and a final maturity on Feb. 18, 2055.

Previously issued bonds in the series amount to a nominal value of ISK 3.8 billion in series OR020934 GB and ISK 16.11 billion in series OR0180255 GB.

Fossar Markets will manage the auction process.

The energy and utility company is based in Reykjavik, Iceland.

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