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Published on 12/1/2020 in the Prospect News Green Finance Daily.

New Issue: Reykjavik Energy sells ISK 3.98 billion of two series green bonds

By Taylor Fox

New York, Dec. 1 – Reykjavik Energy (Orkuveita Reykjavikur) sold ISK 3.98 billion of green bonds in two series, according to a press release.

Reykjavik Energy sold ISK 2.27 billion of series OR020934GB bonds at a yield of 1.36% and ISK 620 million of series OR0180255GB bonds at a yield of 1.43%.

The public utility is based in Reykjavik, Iceland.

Issuer:Reykjavik Energy
Issue:Green bonds
Amount:ISK 3.98 billion
Manager:Fossar Markets
Settlement date:Dec. 1
2034 bonds
Amount:ISK 2.97 billion
Maturity:Sept. 2, 2034
Yield:1.36%
2055 bonds
Amount :ISK 920 million
Maturity:Feb. 18, 2055
Yield:1.43%

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