Orkuveita Reykjavíkur - Bond Issue Results Reykjavík,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Orkuveita Reykjavíkur - Bond Issue Results

Reykjavík, 2016-11-23 23:16 CET (GLOBE NEWSWIRE) -- On Wednesday, November 23rd 2016, Orkuveita Reykjavíkur (OR; Reykjavík Energy) issued two new bonds in two bond offerings. The investment banking division at Arion Bank managed the issue and introduced it to investors. In the auction, indexed 30 year annuity bonds were offered in the OR090546 category, as well as 6 year coupon bonds in a new category, OR01122.

OR decided to accept offers for a total amount of ISK 1.950 million and issue bonds in the OR090546 category for ISK 1.450 million at a yield of 3,39% and for ISK 500 million at a yield of 5,99%. Total offers amounted to ISK 2.960 million at a yield between 3,29 – 3,44% for the indexed annuity bonds and a yield between 5,94-6,40% for the coupon bonds.

Payment, issue and delivery of bonds is planned on December 1st 2016. A request will be made that the bonds will be accepted for trading at the Icelandic Stock Exchange, Nasdaq Iceland, on the same day but first day of business with the bonds will be announced with at least one day notice. In the OR090546 category, a total amount of ISK 4.011.724.833 kr. has already been issued and traded on the Icelandic Stock Exchange. 

         Contacts:                    Ingvar Stefánsson, Chief Financial Officer.          Tel. 516-6100, e-mail: ingvar.stefansson@or.is                    Brynja Kolbrún Pétursdóttir, Head of Treasury, Planning and Analysis.          Tel. 516-6100, e-mail: brynja.kolbrun.petursdottir@or.is                    Birgir Guðfinnsson, investment banking division at Arion Bank hf.          Tel. 444-7337, e-mail: verdbrefamidlun@arionbanki.is

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Shield HealthCare Expands Access for Astiva Members

Updated Category News Views 0

Opening Up New Avenues for Health Care Here's a nugget from the healthcare sector that's worth chewing on. Shield HealthCare has just inked a deal with Astiva Health that opens the floodgates for eligible members in Southern California to access medical supplies through Shield's extensive network. It's a big move that aims to make health management a tad easier for folks...

Continue Reading
Core Lab's Quarterly Grit: Navigating a Turbulent Market

Updated Category News Views 71

Core Lab's Quarter in Review With the kind of resilience that makes a trader's hands shake ever so slightly less over a coffee, Core Laboratories Inc. heads into the fourth quarter of 2026. This isn't your typical Wall Street story, that's for sure. Watching a solid player like Core navigate the bumpy roads of today's volatile market reminds me of a...

Continue Reading
Unity Crucial for Global South's Economic Gains

Updated Category News Views 68

Anytime you hear the 'Global South' being bandied about these days, you know someone's talking about the clout shifting in the world. In Beijing this week, they were hashing out how these nations can crank up their collective volume on the global stage. Gathering Brains in Beijing At the Global Strategic Dialogue 2026, held slap-bang in Beijing, experts and high-profile...

Continue Reading
Tech's Role in Shaping Tomorrow's Classroom: 2026 Insights

Updated Category News Views 129

Schools at a Crossroads: Career Skills Take Center Stage The data's out, and boy, is it telling. Project Tomorrow's 23rd Annual Speak Up Report brings a bushel of insights—some you'd expect, some that'll knock your socks off. With over 95,000 K-12 folks raising their voices, this is no small potatoes look into modern education's heartbeat. Parents Crying Out for...

Continue Reading
Air Force Enlisted Village: Trailblazing Senior Care

Updated Category News Views 26

Changing the Senior Living Game for Military Families Out of all the fancy talk shows and slick productions, "All Access hosted by Andy Garcia" managed to hit a real nerve on the quiet, critical shifts happening in the senior living sector. They dug into how Air Force Enlisted Village in Shalimar is taking care of our military families' unsung heroes—the surviving...

Continue Reading
Zimmer Biomet Unveils Next-Era Orthopedic Innovations

Updated Category News Views 56

Zimmer Biomet's Vision: Transformative Orthopedic Care You'd think after decades of surgical advancements, we'd have nailed the process down to a science, right? But here we are, with Zimmer Biomet throwing a wildcard at the 2026 AAHKS meet—an ambitious attempt to redefine what we know about orthopedic surgery. They're not just dishing out gadgets; they're concocting a...

Continue Reading
Follett's $2.5M Investment Revamps UF Bookstore Experience

Updated Category News Views 44

A New Era for the UF Bookstore If you've ever strolled through a dusty college bookstore and found yourself yearning for a bit of flair, Gainesville has got a surprise for you. The University of Florida, in collaboration with Follett Higher Education, just splashed $2.5 million to turn their bookstore into a dazzling retail wonderland. Not just about flogging textbooks...

Continue Reading
wagamama Spruces Up U.S. Market with mamago Launch

Updated Category News Views 24

What's Cooking at wagamama with mamago? Here comes wagamama, striding into the American dining scene with that familiar bold Pan-Asian flair, now offering more than just a seat at their tables. The fresh move to a direct-to-door model dubbed ‘mamago’ ushers in an era where their signature dishes don't just seduce your taste buds at their restaurants. Nope, they are...

Continue Reading
First Responders Honored in Times Square Hero Ceremony

Updated Category News Views 188

Stepping up to Spotlight Courage In a world that often seems to teeter on chaos, it's those unsung heroes—the first responders—who stand ready to turn panic into repose. October 28th saw Times Square in New York City transform into a beacon of appreciation as the First Responders Children's Foundation (FRCF) applauded nineteen fearless foes of danger. Picture that...

Continue Reading
A&S Construction Creates Winning Culture in Louisville

Updated Category News Views 61

A&S Construction's Winning Formula: Culture Over Growth Look, in the dog-eat-dog world of construction, what really sets you apart isn't just how many roofs you stack up or the number of renovations you churn through. It's how you treat your people. And A&S Construction of Louisville gets that—ranking No. 6 in its category on the 2026 Best Places to Work list, all while...

Continue Reading

Top 5 Most Recently Viewed Articles

Zetron Welcomes Simon Read as New VP of International Growth

Updated Category News Views 87

Zetron Announces New Leadership Role for Simon Read Zetron, a leading player in integrated mission-critical communications technology, has appointed Simon Read as the new Vice President of International Business Development and Portfolio Strategy. This decision underscores Zetron's dedication to growing its presence in the global market. Simon Read's Outstanding...

Continue Reading
Exciting Transition: Exodus Movement Elevates to NYSE American

Updated Category News Views 112

Exodus Movement, Inc. Uplists to NYSE American Exchange Exodus Movement, Inc. (OTCQX: EXOD) has made a significant leap forward by announcing its uplist to the NYSE American stock exchange. Known for its pioneering self-custodial cryptocurrency software platform, Exodus has received approval to have its common stock listed under the symbol "EXOD." This transition marks an...

Continue Reading
Alghanim Industries Celebrates Groundbreaking BYD Showroom Launch

Updated Category News Views 212

Alghanim Industries Launches Landmark BYD Showroom Recently, Alghanim Industries celebrated the grand opening of its first BYD showroom located along the prominent 4th Ring Road. This remarkable establishment marks a significant milestone for sustainable mobility in the region, being the largest BYD showroom outside of China. It not only reflects Alghanim Industries'...

Continue Reading
Road Warrior's New Identity: Growth Through Unity

Updated Category News Views 12

Road Warrior's New Chapter In the wild west of logistics, a reshuffle can be as good as a deal closed, and that's precisely the route Commercial Truck and Trailer Parts decided to hit. CTTP has dumped the old name and driven forward as Road Warrior Parts & Service. July 3, 2026, will mark the day when their transformation moved from paper to pavement. Rebrand to Unite and...

Continue Reading
Stella-Jones Reveals Q3 Performance and New Financial Goals

Updated Category News Views 50

Stella-Jones Reports Third Quarter Financial Results Stella-Jones Inc. (TSX: SJ), a leading manufacturer of pressure-treated wood products, announced its financial performance for the third quarter, achieving sales of $915 million. This figure reflects a decline from the $949 million in sales from the same quarter in the previous year. The decrease can largely be...

Continue Reading