Arctica Finance's Corporate Finance department provides various services related to financial markets to small and medium sized enterprises, large cap enterprises, institutions, public entities and individuals, both domestically and internationally.
Arctica Finance's Capital Markets focus on servicing domestic and overseas institutional investors with Icelandic related exposure.
Arctica Finance managed the sale of a new bond series issued by Styrkás hf., STYRK 300125. Styrkás hf. sold bonds with a nominal value of ISK 1,700 million. The bonds carry floating interest, 1M REIBOR plus a 1.50% interest spread.
Arctica Finance managed the expansion of a bond series issued by Alma íbúðafélag hf; AL101028.Alma sold a nominal value of ISK 1,500 million. The bonds carry a floating interest rate of 1M REIBOR plus a 1.30% spread.
Freyja Healthcare, a US based medical device company, has successfully completed a USD 6 million equity round. The funding will support the company’s goal of bringing its first medical device to market, which has already received FDA approval in the United States.