Orkuveita Reykjavíkur – Green Bond Auction Results

Group 1 - Reykjavík Energy concluded a green bond auction on April 29, 2025, with total bids amounting to ISK 1,750 million nominal value [1] - The OR031033 GB bond has a fixed nominal interest rate of 8.30% and a maturity date of October 3, 2033, with previous issuances totaling ISK 8,145 million [1] - The OR0280845 GB bond attracted bids totaling ISK 1,095 million at yields between 8.05% and 8.30%, with ISK 845 million accepted at a yield of 8.26% [2] - The OR0180255 GB bond had bids totaling ISK 350 million at yields between 3.80% and 3.88%, with ISK 150 million accepted at a yield of 3.82% [3] - The OR0180255 GB bond has a final maturity date of February 18, 2055, with previous issuances totaling ISK 38,216 million [3] - The OR0280845 GB bond carries a fixed interest rate of 3.70% and is redeemable in 2037, with previous issuances totaling ISK 7,850 million [2] Group 2 - The OR0180255 GB bond series attracted bids totaling ISK 305 million at a yield of 3.65%, with the entire amount accepted [4] - Fossar Investment Bank oversees the issuance and sale of the bonds, as well as their admission to trading on the Nasdaq market in Iceland [4]