Alma íbúðafélag Enhances Financial Portfolio with AL101028 Bonds

Alma íbúðafélag hf. Introduces New Bond Series AL101028
Alma íbúðafélag hf. has successfully completed the sale of bonds in a newly issued bond series known as AL101028. This initiative fits into the company’s ongoing strategy to enhance its financial resources and support its housing projects.
Details of the AL101028 Bond Series
The AL101028 bond series is characterized by being unindexed, featuring floating interest rates linked to 1-month REIBOR rates, along with an additional interest margin of 1.30%. Mark your calendar for the final maturity date set for October 10, 2028. The bonds are secured under a general collateral arrangement, providing further assurance to investors.
Bond Sale Highlights
A total of ISK 1.3 billion worth of bonds were sold at par value. This substantial issuance marks a significant step for Alma íbúðafélag hf. in bolstering its financial foundation, allowing for the continued development of innovative housing solutions.
Role of Arctica Finance hf.
Arctica Finance hf. oversaw the bond sale, ensuring a smooth transaction process and facilitating the listing of these bonds for trading on the respective market. Their expertise played an essential role in successfully executing this bond offering.
Future Payment and Settlement Dates
The payment and settlement date for the bonds will be Friday, October 10, 2025. Investors can anticipate receiving their returns as specified, underlining the company’s commitment to maintaining transparent and reliable financial operations.
Contact Information for Inquiries
For more details about the bond offering and the company's initiatives, you can reach out to Ingólfur Árni Gunnarsson, the CEO of Alma íbúðafélag hf., via email at ingolfur@al.is. He is prepared to assist with any questions regarding the company's financial strategies and future plans.
Frequently Asked Questions
What is the AL101028 bond series?
The AL101028 bond series represents a new financial instrument issued by Alma íbúðafélag hf., carrying a floating interest rate and secured under a general collateral arrangement.
What are the key features of the AL101028 bonds?
These bonds are unindexed and are linked to the 1-month REIBOR interest rate with an additional margin of 1.30%. Their maturity is set for October 10, 2028.
How much in bonds was sold?
Alma íbúðafélag hf. successfully sold ISK 1.3 billion worth of bonds at par value.
Who facilitated the bond sale?
Arctica Finance hf. managed the bond sale process, providing expert guidance and facilitating trading processes.
What is the payment date for investors?
The payment and settlement date for the bonds is October 10, 2025, promising timely returns for investors.
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