Orkuveita Reykjavíkur, 2017-09-25 13:09 CEST (GLOBE NEWSWIRE) -- An open investor meeting will be held on Tuesday the 26th of September 2017 at Orkuveita Reykjavíkur HQ at Bæjarháls 1. Ingvar Stefánsson, CFO, will go over the company’s finances and answer questions. The meeting starts at 16:15.
On Thursday September 28th 2017, Orkuveita Reykjavíkur will conduct an auction of new bonds in three bond issues as can be seen below. They have all been admitted for trading on Nasdaq Iceland.
Category OR090546: Indexed annuities to nearly 29 years. Previously issued bonds with a nominal value of ISK 9,781,724,833.
Category OR090524: Indexed annuities to nearly 7 years. Previously issued bonds with a nominal value of ISK 2,088,000,000.
Category OR011222: Coupon bonds to 5 years. Previously issued bonds with a nominal value of ISK 850,000,000.
The investment banking division at Arion Bank is managing the issue and will introduce it to possible investors. The issue will be closed with a so-called “Dutch Method”, where all bonds will be sold at highest coupon accepted for each tranche. Orkuveita Reykjavíkur reserves the right to accept offers partially or in full, or refuse all offers. Results of the auction will be officially announced the next business day.
Further information:
Birgir Guðfinnsson, investment banking division at Arion Bank hf. Tel. 444-7337. E-mail: verdbrefamidlun@arionbanki.is
Ingvar Stefánsson, CFO. Tel. 516-6100. E-mail: ingvar.stefansson@or.is