9. October 2025

Fossar Coordinator for Síminn and Reykjavik Energy note and bond issuances

Yesterday, 8 th October 2025, Reykjavík Energy concluded a green bond auction in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB. Total bids amounted to ISK 1,815 million nominal value.

OR031033 GB bears 8.30% fixed nominal interest and pays equal installments every six months with a final maturity date of October 3rd, 2033. Previously, bonds with a nominal value of ISK 9,950 million have been issued in the class and admitted to trading on Nasdaq Iceland.

The series attracted bids totalling ISK 1,315 million nominal value at yields between 8.00% and 8.05%. OR accepted bids amounting to ISK 1,315 million at a yield of 8.05%.

OR0280845 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of August 28th, 2045. The bond carries 3.70% fixed interest and is redeemable in the year 2037. Previously, bonds with a nominal value of ISK 9,000 million have been issued in the class and admitted to trading on Nasdaq Iceland.

The series attracted bids totalling ISK 150 million nominal value at yields between 3.99% and 4.08%. OR accepted bids amounting to ISK 150 million at a yield of 4.99%.

OR0180255 GB bears 2.60% fixed indexed interest and pays equal payments every six months with a final maturity date of February 18th, 2055. Previously, bonds with a nominal value of ISK 38,521 million have been issued in the class.

The series attracted bids totalling ISK 350 million nominal value at yields between 3.89% and 3,92%. OR accepted bids amounting to ISK 350 million at a yield of 3.92%.

Síminn hf. then concluded a 6 month note auction under class SIMINN260422.

Total bids amounted to ISK 1,300 million nominal value at fixed interest between 7.90% and 8.09%. Síminn accepted bids amounting to ISK 1,220 million nominal value at fixed rate of 8.05%.

Fossar Investment Bank oversees the issuance and sale of the bonds and notes as well as their admission to trading on the Nasdaq market in Iceland with sustainable bonds.