Latest news with #ISK
Irish Independent
5 days ago
- Entertainment
- Irish Independent
Meet the ‘honoured' Kerry Queen of Puck 2025
Kerryman August is set to be a very busy month for Robyn O'Shea. Just days after she will undertake her duties as the Queen of Puck she will also represent her county in the All-Ireland rowing championships. The 12-year girl from Cromane has been selected as the Queen of Puck this year – a honour she is only too delighted to undertake. "The festival has always been a big part of my life, I love going to it with my family. We go every year," she said. But this year will be extra special as Robyn places the crown on King Puck in a tradition dating back more than 400 years. Robyn is the daughter of James and Aisling O'Shea. She has two sisters Mia (14) and April (10) and is a student at Realt na Mara Cromane but is starting first year in the ISK this September. Every year local girls are invited to submit an essay on why they should be chosen and this year Robyn successfully made her pitch writing about her love of the festival and the importance of it to her and her family. She also had to be interviewed which she said was nerve-wrecking but worth it as she now has the great honour of being part of Puck Fair 2025. Next week she will be the centre of the festival along with her lady-in-waiting Chloe Falvey, Faye Flaherty Moriarty, Ella Foley and Kaia Ferris. Robyn says she is a little nervous but also looking forward to it. "It is a great honour, I am looking forward to it and every excited,' she said.
Hamilton Spectator
30-06-2025
- Business
- Hamilton Spectator
Closing of Fundraising and Admission
Reykjavík, June 30, 2025 (GLOBE NEWSWIRE) — Amaroq Minerals Ltd. ('Amaroq' or the 'Company') Closing of Fundraising and Admission TORONTO, ONTARIO – 30 June 2025 – Amaroq Minerals Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ), an independent mine development corporation focused on unlocking Greenland's mineral potential, today announces further to its announcements on 11 and 12 June 2025, the closing of its fundraising pursuant to which it raised gross proceeds of approximately £45.0 million (C$83.2 million, ISK 7.6 billion) through a placing of 52,986,036 Fundraising Shares. Following admission, Amaroq's total issued share capital will consist of 454,106,653 common shares of no par value. Given the Company does not hold any common shares in Treasury, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules and the Icelandic Act No 20/2021 on Disclosure Obligations of Issuers and Notifications on Major Holdings. The Fundraising Shares were distributed to purchasers outside of Canada pursuant to an exemption from the prospectus requirements in Canada available under OSC Rule 72-503 – Distributions Outside Canada and, accordingly, the Fundraising Shares issued to purchasers outside of Canada are not subject to a four-month hold period under applicable Canadian securities laws. The net proceeds of the Fundraising will be used to support the ongoing commissioning and production expansion at Nalunaq, complete technical studies in relation to production expansion at Nalunaq, create a new hub in West Greenland, accelerate and deepen exploration drilling and the preparation of technical studies of the assets and provide additional balance sheet strength and working capital flexibility to the Company. Panmure Liberum acted as nominated adviser, joint bookrunner and joint broker, alongside Canaccord, who also acted as joint bookrunner and joint broker on the UK Placing. Landsbankinn and Acro acted as joint bookrunners on the Icelandic Placing. In consideration for their services, Panmure Liberum, Canaccord, Landsbankinn and Acro received a cash commission equal to C$2,076,706, consisting of (i) a total of C$1,514,106 (£819,144) to Panmure Liberum and Canaccord representing a 4.0% base commission, 1.0% discretionary commission and a variable settlement commission for the UK Placing, including a corporate finance fee of C$147,872 (£80,000) payable to Panmure Liberum and (ii) a total of C$562,600 to Landsbankinn, and Acro, representing a total of 4.1% commission for the Icelandic Placing. The Fundraising is subject to final acceptance of the TSX-V. Capitalised terms not otherwise defined in the text of this announcement have the meanings given in the Company's Fundraising announcement dated 11 June 2025. Enquiries: Enquiries: Amaroq Minerals Ltd. Eldur Olafsson, Executive Director and CEO Ed Westropp, Head of BD and Corporate Affairs +44 (0)7385 755711 ewe@ Eddie Wyvill, Corporate Development +44 (0)7713 126727 ew@ Panmure Liberum Limited (Nominated Adviser, Joint Bookrunner and Corporate Broker) Scott Mathieson Nikhil Varghese Freddie Wooding +44 (0) 20 7886 2500 Canaccord Genuity Limited (Joint Bookrunner and Corporate Broker) James Asensio Harry Rees George Grainger +44 (0) 20 7523 8000 Landsbankinn hf. (Joint Bookrunner) Björn Hákonarson Sigurður Kári Tryggvason +354 410 7340 Acro verðbréf hf. (Joint Bookrunner) Hannes Árdal Þorbjörn Atli Sveinsson +354 532 8000 Camarco (Financial PR) Billy Clegg Elfie Kent Fergus Young +44 (0) 20 3757 4980 IMPORTANT NOTICES This Announcement does not constitute, or form part of, a prospectus relating to the Company, nor does it constitute or contain an invitation or offer to any person, or any public offer, to subscribe for, purchase or otherwise acquire any shares in the Company or advise persons to do so in any jurisdiction, nor shall it, or any part of it form the basis of or be relied on in connection with any contract or as an inducement to enter into any contract or commitment with the Company. This Announcement is not for publication or distribution, directly or indirectly, in or into the United States of America, Australia, The Republic of South Africa ('South Africa'), Japan or any other jurisdiction in which such release, publication or distribution would be unlawful. This Announcement is for information purposes only and does not constitute an offer to sell or issue, or a solicitation of an offer to buy, subscribe for or otherwise acquire any securities in the United States (including its territories and possessions, any state of the United States and the District of Columbia (collectively, the 'United States')), Australia, Canada, South Africa, Japan or any other jurisdiction in which such offer or solicitation would be unlawful or to any person to whom it is unlawful to make such offer or solicitation. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States, except pursuant to an applicable exemption from the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States, or under the securities laws of Australia, Canada, South Africa, Japan, or any state, province or territory thereof or any other jurisdiction outside the United Kingdom, except pursuant to an applicable exemption from the registration requirements and in compliance with any applicable securities laws of any state, province or other jurisdiction of Australia, Canada, South Africa or Japan (as the case may be). No public offering of securities is being made in the United States, Australia, Canada, South Africa, Japan or elsewhere. No action has been taken by the Company, Panmure Liberum, Canaccord, Landsbankinn, Acro or any of their respective affiliates, or any of its or their respective directors, officers, partners, employees, consultants, advisers and/or agents (collectively, 'Representatives') that would permit an offer of the Fundraising Shares or possession or distribution of this Announcement or any other publicity material relating to such Fundraising Shares in any jurisdiction where action for that purpose is required. Persons receiving this Announcement are required to inform themselves about and to observe any restrictions contained in this Announcement. Persons (including, without limitation, nominees and trustees) who have a contractual or other legal obligation to forward a copy of this Announcement should seek appropriate advice before taking any action. Persons distributing any part of this Announcement must satisfy themselves that it is lawful to do so. This Announcement, as it relates to the UK Placing, is directed at and is only being distributed to: (a) if in a member state of the EEA, persons who are qualified investors ('EEA Qualified Investors'), being persons falling within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the 'EU Prospectus Regulation'); or (b) if in the United Kingdom, persons who are qualified investors ('UK Qualified Investors'), being persons falling within the meaning of Article 2(e) of assimilated Regulation (EU) 2017/1129 as it forms part of the law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended (the 'UK Prospectus Regulation'), and who are (i) persons falling within the definition of 'investment professional' in Article 19(5) of the Financial Services And Markets Act 2000 (Financial Promotion) Order 2005, as amended (the 'Order') or (ii) persons who fall within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or (c) persons to whom it may otherwise be lawfully communicated (all such persons referred to in (a), (b) and (c) together being referred to as 'Relevant Persons'). This Announcement, as it relates to the Icelandic Placing, is directed at and is only being distributed to EEA Qualified Investors. The Fundraising Shares have not been qualified for distribution by prospectus in Canada and may not be offered or sold in Canada except in reliance on exemptions from the requirements to provide the relevant purchaser with a prospectus and, as a consequence of acquiring securities pursuant to this exemption or exemptions, certain protections, rights and remedies provided by the applicable Canadian securities laws will not be available to the relevant purchaser. The Fundraising Shares may be subject to statutory resale (hold) restrictions for a period of four months and one day in Canada under the applicable Canadian securities laws and any resale of the Common Shares must be made in accordance with such resale restrictions or in reliance on an available exemption therefore. Such restrictions shall not apply to any Fundraising Shares acquired outside of Canada. For the attention of residents of Australia: This Announcement is not a prospectus or product disclosure statement or otherwise a disclosure document for the purposes of Chapter 6D or Part 7.9 of the Australian Corporations Act 2001 (Cth) ('Corporations Act') and does not constitute an offer, or an invitation to purchase or subscribe for the Fundraising Shares offered by this Announcement except to the extent that such an offer or invitation would be permitted under Chapter 6D or Part 7.9 of the Corporations Act without the need for a lodged prospectus or product disclosure statement. In addition, for a period of 12 months from the date of issue of the Fundraising Shares, no transfer of any interest in the Fundraising Shares may be made to any person in Australia except to 'sophisticated investors' or 'professional investors' within the meaning of sections 708(8) and (11) of the Corporations Act or otherwise in accordance with section 707(3) of the Corporations Act. No other person should act on or rely on this Announcement as it relates to the UK Placing or the Icelandic Placing and persons distributing this Announcement must satisfy themselves that it is lawful to do so. By accepting the terms of this Announcement, you represent and agree that you are a Relevant Person. This Announcement must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this Announcement or the Fundraising relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. No offering document or prospectus will be made available in any jurisdiction in connection with the matters contained or referred to in this Announcement, the UK Placing, the Icelandic Placing or the Fundraising, unless applicable in relation to admission to trading in Iceland and no such prospectus is required (in accordance with either the EU Prospectus Regulation for the purpose of the offer or sale of the Common Shares, the UK Prospectus Regulation or Canadian securities laws) to be published. The offering as it relates to the Icelandic Placing is subject to the exemptions from the obligation to publish a prospectus provided for in Articles 1(4)(a) of the EU Prospectus Regulation. Panmure Liberum, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom is acting exclusively for the Company and for no one else in connection with the UK Placing and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the UK Placing and will not be responsible to anyone other than the Company in connection with the UK Placing or for providing the protections afforded to their clients or for giving advice in relation to the UK Placing, the Fundraising or any other matter referred to in this Announcement. The responsibilities of Panmure Liberum, as nominated adviser, are owed solely to the London Stock Exchange and are not owed to the Company or to any director or any other person and accordingly no duty of care is accepted in relation to them. No representation or warranty, express or implied, is made by Panmure Liberum as to, and no liability whatsoever is accepted by Panmure Liberum in respect of, any of the contents of this Announcement (without limiting the statutory rights of any person to whom this Announcement is issued). Canaccord, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom is acting exclusively for the Company and for no one else in connection with the UK Placing and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the UK Placing and will not be responsible to anyone other than the Company in connection with the UK Placing or for providing the protections afforded to their clients or for giving advice in relation to the UK Placing, the Fundraising or any other matter referred to in this Announcement. Acro, which is authorised and regulated by the Financial Supervisory Authority of the Central Bank of Iceland, is acting exclusively for the Company and for no one else in connection with the Icelandic Placing and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the Icelandic Placing and will not be responsible to anyone other than the Company in connection with the Icelandic Placing or for providing the protections afforded to their clients or for giving advice in relation to the Icelandic Placing, the Fundraising or any other matter referred to in this Announcement. Some Icelandic Subscribers may however be customers of Acro. Landsbankinn, which is authorised and regulated by the Financial Supervisory Authority of the Central Bank of Iceland, is acting exclusively for the Company and for no one else in connection with the Icelandic Placing and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the Icelandic Placing and will not be responsible to anyone other than the Company in connection with the Icelandic Placing or for providing the protections afforded to their clients or for giving advice in relation to the Icelandic Placing, the Fundraising or any other matter referred to in this Announcement. Some Icelandic Subscribers may however be customers of Landsbankinn. This Announcement is being issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by or on behalf of Panmure Liberum, Canaccord, Landsbankinn and/or Acro (apart from in the case of Panmure Liberum and Canaccord the responsibilities or liabilities that may be imposed by the Financial Services and Markets Act 2000, as amended ('FSMA') or the regulatory regime established thereunder) and/or by any of their respective affiliates and/or any of their respective Representatives as to, or in relation to, the accuracy, adequacy, fairness or completeness of this Announcement or any other written or oral information made available to or publicly available to any interested party or their respective advisers or any other statement made or purported to be made by or on behalf of Panmure Liberum, Canaccord, Landsbankinn and/or Acro and/or any of their respective affiliates and/or by any of their respective Representatives in connection with the Company, the UK Placing Shares, the UK Placing, the Icelandic Placing Shares, the Icelandic Placing, the Common Shares or any part of the Fundraising and any responsibility and liability whether arising in tort, contract or otherwise therefor is expressly disclaimed. No representation or warranty, express or implied, is made by Panmure Liberum, Canaccord, Landsbankinn and/or Acro and/or any of their respective affiliates and/or any of their respective Representatives as to the accuracy, fairness, verification, completeness or sufficiency of the information or opinions contained in this Announcement or any other written or oral information made available to or publicly available to any interested party or their respective advisers, and any liability therefor is expressly disclaimed. The information in this Announcement may not be forwarded or distributed to any other person and may not be reproduced in any manner whatsoever. Any forwarding, distribution, reproduction or disclosure of this Announcement, in whole or in part, is not authorised. Failure to comply with this directive may result in a violation of the Securities Act or the applicable laws of other jurisdictions. This Announcement does not constitute a recommendation concerning any investor's options with respect to the UK Placing, the Icelandic Placing or any part of the Fundraising. Recipients of this Announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this Announcement. This Announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in the UK Placing Shares, the Icelandic Placing Shares or the Common Shares. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this Announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice. Any indication in this Announcement of the price at which the Company's shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this Announcement is intended to be a profit forecast or profit estimate for any period and no statement in this Announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for the Company for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for the Company. All offers of the Fundraising Shares will be made pursuant to an exemption under the EU Prospectus Regulation and the UK Prospectus Regulation from the requirement to produce a prospectus. This Announcement is being distributed and communicated to persons in the United Kingdom only in circumstances in which section 21(1) of FSMA does not apply. The Fundraising Shares to be issued pursuant to the Fundraising will not be admitted to trading on any stock exchange other than AIM, the TSX-V and the Icelandic Exchange. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This Announcement includes statements that are, or may be deemed to be, 'forward-looking statements'. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'aims', 'anticipates', 'believes', 'could', 'envisages', 'estimates', 'expects', 'intends', 'may', 'plans', 'projects', 'should', 'targets' or 'will' or, in each case, their negative or other variations or comparable terminology. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future and factors which are beyond the Company's control. The actual results, performance or achievements of the Company or developments in the industry in which the Company operates may differ materially from the future results, performance or achievements or industry developments expressed or implied by the forward-looking statements contained in this Announcement. The forward-looking statements contained in this Announcement speak only as at the date of this Announcement. The Company undertakes no obligation to update or revise publicly the forward-looking statements contained in this Announcement, except as required in order to comply with its legal and regulatory obligations.
India Today
19-06-2025
- Politics
- India Today
What price is Pakistan's Field Marshal Munir paying for free lunch with Trump?
Everyone knows that there are no free lunches in America. Everyone also knows it is extremely rare for a US President to host the army chief of a country like Pakistan for a luncheon meeting. Asim Munir of Pakistan is, of course, no ordinary army chief. He is Pakistan's de facto ruler and undeclared military dictator. There is a civilian regime headed by the puppet Prime Minister Shehbaz Sharif sitting in Islamabad. But it exists only to rubber stamp decisions taken by the all their grandstanding on democracy, human rights and liberal political values, the Americans have zero compunctions in entertaining, praising and feting the worst military dictators and mass murderers as long as 'he is our son of a and ready to do the US' bidding. Therefore, there is logic in Trump entertaining Asim Munir in the White House. The question, however, is what's Trump's ask of Pakistan's generalissimo, and what is being offered in return. After all, a transactional Trump wouldn't be wasting time courting an Islamist yokel like Munir unless he wanted something significant from one really knows what exactly was on the agenda of this meeting. Could it be something as simple as: Trump wanting to thank Munir because the latter called for the US President to be nominated for the Nobel Peace Prize for 'stopping a nuclear war' between India and Pakistan? Is Trump playing host to someone who otherwise would be a pariah because he hopes to gain some personal financial benefit? The Trump organisation and its associates are reported to have entered into deals on cryptocurrency with Pakistan under the patronage of the Pakistan Army. There are also reports of Pakistanis having offered rare earth mineral rights and other lucrative projects (on paper at least) to US companies, some of which could be related to the Trump Apart from the personal deals he might be trying to squeeze out of Munir, Trump could also be discussing terrorism cooperation against the perceived threat from the Islamic State Khorasan (ISK). A recent testimony of the Centcom chief suggests that terrorism is something on which both the US and Pakistan have been working together. Could Trump be trying to pull Pakistan out of the Chinese embrace by wooing Munir? Or is this about Iran? There is a lot of speculation about the US seeking logistics bases inside Balochistan for operations against Iran. At the very least, the US might be seeking free and unfettered use of Pakistani airspace for its Iran offensive. There is also some talk of seeking Pakistani assistance for rescue operations inside Iran in the event of US attacks on the Islamic Republic. Finally, the Americans could be even seeking intelligence cooperation from Pakistan for destabilising and changing the Iranian return, what could be Munir's ask from Trump? He could seek economic assistance and investments from the US. More importantly, he could press Trump to deliver on his assurance of mediating between India and Pakistan on Kashmir and forcing India to come to the dialogue table with Pakistan. The Pakistani delegation of MPs that travelled to the US believes Pakistan was promised US mediation as a face-saver for getting India to halt its Operation Sindoor and accept the ceasefire proposed by the Pakistan Army to end the four-day conflict. Apart from US intervention on the Kashmir issue, Munir could seek US pressure on India to back down and honour the Indus Waters Treaty. In addition, he could demand that the US pressure India to back off from its alleged support to Baloch freedom fighters and the Tehrik-e-Taliban Pakistan (TTP) the eve of the lunch meeting, Munir seemed to be signalling to the US that he will play hard to get on Iran. He also hinted in his talk to members of the Pakistani diaspora that Pakistan seeks a dialogue with India to settle all their bilateral problems. Despite his recent Islamist and jihadist rants in Pakistan, Munir has tried to project himself as a democrat and someone who tolerates dissent back home, all buzzwords that the gullible US media eagerly laps up without any on-the-ground wasn't the only one doing the signalling post-Operation Sindoor. Prime Minister Narendra Modi also ended weeks of avoiding joining issue with Trump's self-serving, self-congratulatory and self-lauding by taking credit for the ceasefire between India and Pakistan. The statement by the Indian Foreign Secretary about the Trump-Modi telephone conversation set the record straight about what transpired during the four-day clash and how there was no linking of the US-India trade deal or any mention of US mediation. Modi also skillfully dodged the bullet that Trump fired by slyly inviting him to the White House on the same day he was lunching with India's arch enemy. This was nothing but Trump trying to bring Munir and Modi together in a single frame, with him playing peacemaker and mediator. That Trump resorted to this subterfuge indicates that his agenda with Munir is probably more than just fobbing off the Pakistani dictator with a lunch for his endorsement of Trump's quest for a Nobel Peace is quite obvious that the dubious role of the Trump administration in the recent India-Pakistan bash up has raised Indian hackles and left a bitter taste of betrayal. While there is no doubt that the entire episode has caused a significant trust deficit between India and the US, the sense of hurt in India is somewhat misplaced. The fact is that the US and India are not wedded to each other. Neither of them has sworn lifelong loyalty to each other. They are what author Seema Sirohi calls 'Friends with Benefits'. To the extent their interests match and there is mutual benefit, they engage with each other. But since this is an open relationship, both are free to seek other suitors or lovers, even those who might be unpalatable or unacceptable to the other. If the US is wooing Pakistan for its own objectives, India too was not ready to end its relationship with Russia despite the US and other Western countries taking a rather dim view of India's continuing affair with their bete will, of course, be a pushback from India in case the US, wanting to get Pakistan back in its bed, attempts to throw India under the bus – whether on Kashmir or the Indus Waters Treaty or any other bilateral issue. A small sample of that came with the Foreign Secretary's readout of the Trump-Modi talk. But if the Americans refrain from doing anything that violates India's red lines and flirt with Pakistan to get it to once again play mercenary for de-nuclearising Iran and dismantling the regime in that country, India can live with it, like India did when the US needed Pakistan for operations in Afghanistan. Both the US and India know that once things settle down, they will kiss and make up and re-energise their 'friends with benefit' Very little has been revealed about the meeting between Trump and Munir. On the face of it, Trump was treating Munir to lunch to thank him for backing off in the war with India. But there are some hints that the two also spoke about Iran. There is as yet no clarity on what exactly the Americans sought from Pakistan and what Pakistan agreed to do. There is also no clarity on what the quid pro quo is for Pakistan's services – is it financial, or is it all about India? Both sides are being very cagey about their new terms of engagement. This is because any cooperation that Pakistan gives the US on Iran will have its political fallout. Similarly, if Trump has shafted India to appease Pakistan, he wouldn't want to announce it publicly. But in the next few days and weeks, actions on the ground will bring to light what Faustian deals were made between Munir and Trump.(Sushant Sareen is a Senior Fellow at the Observer Research Foundation)(Views expressed in this opinion piece are those of the author)Tune InMust Watch
Yahoo
13-06-2025
- Business
- Yahoo
Heimar hf.: Expansion of the Bond Series HEIMAR50 GB
Heimar hf. (Nasdaq: HEIMAR) has completed an offering of the bond series HEIMAR50 GB. HEIMAR50 GB is a green, inflation-linked bond series secured by the company's general security arrangement. The series matures on 20 August 2050, with principal repayments following a 30-year annuity schedule until maturity. Interest and principal payments are made quarterly, i.e. in February, May, August, and November each year. The bond carries a nominal interest rate of 2.477%, and the current outstanding nominal amount is ISK 14,420 million. Bids were received in the total nominal amount of ISK 4,760 million, with yields ranging between 3.98% and 4.04%. It was decided to accept bids amounting to ISK 1,800 million at a yield of 3.99%. Settlement of the transaction is scheduled for 24 June 2025. An application will subsequently be made for the new bonds to be admitted to trading on the Main Market of Nasdaq Iceland. The prospectus, final terms, green framework, and other documents relating to the issuance of the above-mentioned bond series are available on the company's website at Íslandsbanki Securities handled the issuance and sale of the bonds, as well as their admission to trading on Nasdaq Iceland. For further information, please contact Björn Eyþór Benediktsson, Chief Financial Officer eythorb@ Please note that in case of discrepancy in the English and the Icelandic versions, the Icelandic version shall prevail. Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Green Bond Auction June 19th
Reykjavík Energy (Orkuveita Reykjavíkur) is holding a bond auction on Thursday, June 19th, 2025. Bonds in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB will be offered for sale. OR031033 GB bears 8.30% fixed nominal interest and pays equal instalments every six months with a final maturity date of October 3rd, 2033. Previously, bonds with a nominal value of ISK 8,990 million have been issued in the class and admitted to trading on Nasdaq Iceland. 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 8,000 million have been issued in the class and admitted to trading on Nasdaq Iceland. OR180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of February 18th, 2055. The bond carries 2.60% fixed interest. Previously, bonds with a nominal value of ISK 38,521 million have been issued in the class and admitted to trading on Nasdaq Iceland. Fossar Investment Bank hf. oversees the issuance and sale of the bonds as well as their admission to trading on the Nasdaq sustainable bonds market in Iceland. Bids must be submitted to the email address utbod@ before UTC 17:00 on Thursday, June 19th, 2025. Transactions will be settled on Thursday, June 26th, 2025. Contacts: Snorri Hafsteinn Þorkelsson, CFO, tel: +354 516 6100, email: Matei Manolescu, Fossar Investment Bank, tel: +354 522 4008, email: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
