By William Gullotti
Buffalo, N.Y., June 7 – Reykjavik Energy (Orkuveita Reykjavikur) announced the conclusion and results of its add-on green bond issue, according to a news release.
Reykjavic Energy issued ISK 2 billion additional green bonds, due April 2042. The yield on the notes is 4.6%. This brings the OR1802142GB series to a total of ISK 4.2 billion.
Fossar Markets managed the process.
The green bond series was listed on the Nasdaq Iceland Sustainable Bond market.
The public utility is based in Reykjavik, Iceland.
| Issuer: | Reykjavik Energy
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| Issue: | Green bonds
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| Amount: | ISK 2 billion
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| Maturity: | April 2042
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| Manager: | Fossar Markets
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| Yield: | 4.6%
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| Total issue size: | ISK 4.2 billion
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