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. The principal will be repaid in a single installment on the maturity date, October 10, 2028. The bonds are secured in accordance with the company’s general collateral framework.
The bonds are issued in dematerialized form and will be admitted to trading on the Nasdaq Iceland Main Market.
Sverrir Bergsteinsson, sverrirb@arctica.is
Magnús Símonarson, magnuss@arctica.is
