By Wendy Van Sickle
Columbus, Ohio, March 3 – Reykjavik Energy accepted bids for ISK 2.34 billion of green bonds due 2034 and 2055, according to a company news release.
The company accepted ISK 600 million of green bonds due Sept. 2, 2034 at a yield of 1.32%.
The 2034 bonds attracted bids of ISK 900 million at a yield of 1.31% to 1.35%.
Reykjavik Energy accepted ISK 1.74 billion of green bonds due Feb. 18, 2055 at a yield of 1.4%.
The 2055 bonds attracted bids of ISK 2.1 billion at a yield of 1.38% to 1.43%.
Fossar Markets managed the auction process.
The energy and utility company is based in Reykjavik, Iceland.
| Issuer: | Reykjavik Energy
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| Issue: | Green bonds
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| Amount: | ISK 2.34 billion
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| Manager: | Fossar Markets
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| Pricing date: | March 3
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| 2034 bonds
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| Amount: | ISK 600 million
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| Maturity: | Sept. 2, 2034
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| Yield: | 1.32%
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| 2055 bonds
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| Amount: | ISK 1.74 billion
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| Maturity: | Feb. 18, 2055
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| Yield: | 1.4%
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