Alma íbúðafélag hf. Completes Successful Note Issuance
Alma íbúðafélag hf. Completes Successful Note Issuance
Alma íbúðafélag hf. has recently completed a significant issuance of notes in two categories for three and six months. The total offers amounted to an impressive 1,180 million krónur, showcasing strong investor interest.
The company has decided to accept offers amounting to 780 million krónur for the three-month note at an attractive interest rate of 9.00%, while securing 380 million krónur for the six-month note at an equally competitive rate of 8.99%. This brings the total accepted amount to 1,160 million krónur. Prior to this issuance, Alma had already sold 700 million krónur in the note series AL 25 0615. Therefore, the overall size of the current issuance reaches an impressive 1,480 million krónur.
Role of Arctica Finance hf.
Managing the sale of these notes was Arctica Finance hf., known for its expertise and solid track record in handling financial offerings in the market.
Financial Implications for Alma íbúðafélag hf.
This successful issuance not only highlights the confidence of investors in Alma íbúðafélag hf. but also positions the company favorably for future financial strategies. With the obtained funds, Alma can enhance its operational capacity, ensuring growth and stability.
Upcoming Key Dates
It is essential for investors to mark their calendars for the upcoming payment and settlement date, which is set for the 17th of March in the year 2025. This date is crucial for those involved in the transaction.
Contact Information
For more detailed inquiries about this issuance, please reach out to Ingólfur Árni Gunnarsson, the Chief Executive Officer of Alma íbúðafélag hf., via email at ingolfur@al.is. He is available and ready to provide any further information required.
Frequently Asked Questions
What is the total amount raised in the note issuance?
Alma íbúðafélag hf. raised a total of 1,480 million krónur through the successful note issuance.
Who managed the sale of the notes?
The sale of the notes was managed by Arctica Finance hf., a reputable firm in financial transactions.
What interest rates were offered for the notes?
The three-month note was issued at a rate of 9.00%, while the six-month note had a rate of 8.99%.
When is the payment and settlement date?
The payment and settlement date for the notes is scheduled for March 17, 2025.
Who should I contact for more information?
For further inquiries, you can contact Ingólfur Árni Gunnarsson at ingolfur@al.is for assistance.
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