Reykjavík City – Bond Issue Results
Yesterday, March 6th 2019, Reykjavik City concluded a bond offering in its green bond series, RVKG 48 1.
Total demand amounted to ISK 3,320m nominal amount at a yield between 2.19% - 2.35%.
Reykjavik City decided to accept offers for a total amount of ISK 2,820m at a yield of 2.30%. Total size of the series before the issue was ISK 4,100m nominal, therefore the size of the series after the auction will be ISK 6,920m.
Fossar Markets managed the process on behalf of Reykjavík City.
Further information:
Birgir Bjorn Sigurjonsson, CFO of Reykjavik City, tel: +354 693 9321, email: bbs@rvk.is
Dadi Kristjansson, Fossar Markets, tel: +354 840 4145, email: dadi.kristjansson@fossarmarkets.com