Alma íbúðafélag hf. Completes Successful Note Offering
Alma íbúðafélag hf. Successfully Completes Note Offering
Alma íbúðafélag hf. has successfully finalized its issuance of notes in two categories spanning 3 and 6 months. The response was robust, with offers totaling 1.120 million ISK.
Details of the Note Issuance
The company has chosen to accept offers amounting to 420 million ISK for 3-month notes at an interest rate of 9.59%, and 700 million ISK for 6-month notes, also at 9.59%. This brings the total issuance to 1.120 million ISK. Previously, the company had issued 500 million ISK through the note series AL 25 0315, making the cumulative size of this issuance reach 920 million ISK.
Management of the Offering
The note issuance was managed by Arctica Finance hf., showcasing their expertise in capital markets.
Upcoming Payment and Settlement Dates
The payment and settlement date for these notes is scheduled for a Monday in December. This timeline is crucial for investors looking to plan their financial strategies effectively.
Contact Information for Further Inquiries
For additional information, Ingólfur Árni Gunnarsson, the CEO of Alma íbúðafélag hf., can be reached via email at ingolfur@al.is. This provides a direct line for interested parties seeking more insight into the recent offerings and future financial activities of the company.
Frequently Asked Questions
What are the key details of Alma's note offering?
The company issued notes for a total of 1.120 million ISK with terms of 3 and 6 months at a rate of 9.59%.
Who managed the note issuance for Alma?
Arctica Finance hf. was responsible for managing the sale of the notes.
What are the interest rates on the offered notes?
Both the 3-month and 6-month notes carry an interest rate of 9.59%.
How much did Alma raise through this offering?
Alma raised a total of 1.120 million ISK through the note offerings.
Who can provide more information about the company?
Ingólfur Árni Gunnarsson, the CEO, is available for inquiries via email.
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