By William Gullotti
Buffalo, N.Y., Feb. 24 – Reykjavik Energy (OR, Orkuveita Reykjavikur) announced the conclusion and results of its add-on green bond issue, according to a press release on Thursday.
OR accepted bids for ISK 1.5 billion of green bonds due Feb. 18, 2042 at a yield of 5.39%.
According to the release, the series attracted bids totaling ISK 3.56 billion at yields ranging from 5.35% to 5.7%.
The latest tap issue brings the OR1802142GB series to a total of ISK 5,698,000,000.
Fossar Markets managed the process.
The green bond series is listed on the Nasdaq Iceland Sustainable Bond market.
The public utility is based in Reykjavik, Iceland.
| Issuer: | Reykjavik Energy
|
| Issue: | Green bonds, add-on
|
| Amount: | ISK 1.5 billion
|
| Maturity: | Feb. 18, 2042
|
| Manager: | Fossar Markets
|
| Yield: | 5.39%
|
| Total issue size: | ISK 5,698,000,000
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
