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Kaldalón hf. Successfully Completes Auction for KALD 26 0601 Bills

Kaldalón hf. Successfully Completes Auction for KALD 26 0601 Bills

Kaldalón hf. Announces Auction Results for KALD 26 0601 Bills

Kaldalón hf. has successfully finalized the auction of its unsecured six-month bills designated KALD 26 0601. This event saw offers that totaled an impressive ISK 1,400 million, with interest rates ranging from 8.01% to 8.11% annually. Ultimately, bills with a nominal value of ISK 1,000 million were sold, securing a competitive interest rate of 8.11%.

Details of the Auction Process

The auction attracted significant attention, showcasing the demand for Kaldalón hf.'s financial instruments. Many investors considered the interest rates favorable given the current economic landscape. The successful issuance contributes positively to the firm's financing strategy.

Payment and Settlement Information

Payment and settlement for the sold bills are scheduled for Monday, a date that has been clearly outlined as December 1, 2025. Following the completion of this auction, Kaldalón hf. will submit an application to have the bills listed for trading on the Nasdaq Iceland Main Market.

Future Trading Plans

The first day of trading is set to be announced with a minimum of one day's notice, providing market participants an opportunity to engage with the newly listed bills. This strategic planning reflects Kaldalón hf.'s commitment to transparency and accessibility for its investors.

Role of Landsbankinn hf. in the Auction

Landsbankinn hf. played a significant role in managing the sale of the bills. Their expertise and industry knowledge aided Kaldalón hf. in navigating the auction process effectively. Collaborations like these are essential for fostering a thriving financial environment where companies can thrive.

Contact Information for Inquiries

For any additional information, stakeholders can reach out to Sigurbjörg Ólafsdóttir, the CFO of Kaldalón hf., at sigurbjorg.olafsdottir@kaldalon.is. Moreover, Gunnar S. Tryggvason is available at +354 410 6709 or +354 821 2090. He can also be contacted via email at gunnars@landsbankinn.is.

Frequently Asked Questions

What type of bills did Kaldalón hf. auction?

Kaldalón hf. auctioned unsecured six-month bills under the series KALD 26 0601.

What was the total amount of offers received?

The auction received offers totaling ISK 1,400 million.

What was the interest rate on the bills sold?

Bills were sold at an interest rate of 8.11%.

When is the payment and settlement date for the bills?

The payment and settlement date is set for December 1, 2025.

Who managed the sale of these bills?

Landsbankinn hf. managed the auction process for Kaldalón hf.

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