2. December 2020

Fossar Markets managed Reitir’s bond auction

Yesterday, December 1st 2020, Reitir sold new bonds in the series REITIR150523. The new issue amounted to ISK 4,000 million nominal value and the bonds were sold at par.

The new bond series is non-indexed with a final maturity date of May 15th, 2023 and pays a fixed 3.05% real-interest rate. The bonds will be listed on the Nasdaq Iceland bond market.

The company‘s base prospectus, final terms and other documents concerning the issue will be published on the company’s website, reitir.is/fjarfestar.

Fossar Markets managed the process on behalf of Reitir.

Further information:

Einar Þorsteinsson
CFO at Reitir
Phone: +354 669 4416
E-mail: einar@reitir.is

Matei Manolescu
Fossar Markets hf.
Phone: +354 522 4008
E-mail: matei.manolescu@fossar.is