Reykjavík, 2016-10-28 18:04 CEST (GLOBE NEWSWIRE) -- The Board of Directors at Reykjavik Energy (OR) has agreed to the establishment of a platform to issue bonds and other short-term notes for a total outstanding amount of ISK 50 billion. OR’s debt issuance forecast amounts for up to ISK 16 billion from October 24th 2016 to year-end 2017. Financing can be in the form of bonds, short-term notes or bank loans. The above is consistent with OR’s approved forecast.
Note: Earlier publication of this announcement didn't include this English version of it.