Fossar Markets managed Reginn’s green bond auction

11.8.2021

Reginn real estate company (Bloomberg: REGINN IR) conducted an auction of green bonds in the series REGINN23 GB and REGINN27 GB on August 10th, raising 6.04bn ISK.

The green bond series, REGINN23 GB, is non-indexed with a maturity of 3 years and pays a fixed 3.20% real-interest rate. The bond issue attracted bids amounting to 3,420m ISK nominal. Reginn accepted bids totaling 1,480m ISK nominal at a yield of 3.09%. The total size of the bond series post auction is 4,380m ISK nominal.

The green bond series, REGINN27 GB, is CPI-linked with a maturity of six years and pays a fixed 1.25% real-interest rate. The bond issue attracted bids amounting to 5,740m ISK nominal. Reginn accepted bids totaling 4,560m ISK nominal at a yield of 1.27%. The total size of the bond series post auction is 6,380m ISK nominal.

Fossar markets managed the process on behalf of Reginn.

Further information:

Helgi S. Gunnarsson
CEO
+354 512-8900 / +354 899-6262
helgi@reginn.is

Matei Manolescu
Fossar Markets
+354 522-4008
matei.manolescu@fossarmarkets.com