Fossar markets will manage an auction for Reitir Real Estate Company tomorrow, Februar 26
Reitir Real Estate Company will conduct a bond auction tomorrow, February 26, 2019.
Bonds will be sold in the following series:
REITIR151244: CPI-indexed annuity of 26 years. Outstanding nominal amount: 37.405.200.000 ISK
REITIR151124: CPI-indexed annuity of 6 years. Outstanding nominal amount: 8.350.000.000 ISK
REITIR 22: Bullet bond of 4 years. Outstanding nominal amount: 1.155.000.000 ISK
Fossar Markets will manage the auction.
The offer will be closed with a Dutch method where all bonds will be sold at the highest yield accepted. Maximum size of the auction is 7.145m ISK (nominal). Reitir reserves the right to accept any offer partially or in full, or refuse all offers.
The auction is closed and exempt from prospectus requirements (cf. Act No. 108/2007). The base prospectus, final terms and other documents regarding the bond series are available at Reitir‘s website: www.reitir.is/fjarfestar. Announcements by Reitir Real Estate Company in relation to disclosure requirements are also available at Reitir‘s website.
Contacts: Einar Þorsteinsson, CFO, e-mail: einar@reitir.is, phone: +354 699 4416, and Matei Manolescu, Fossar Markets, e-mail: matei.manolescu@fossar.is, phone: +354 522 4008.
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