Iceland’s Landsvirkjun issues green US private placements

By Silas Brown
25 Sep 2020

Icelandic state owned energy company Landsvirkjun has sold $150m of US private placements under its green finance framework.

BNP Paribas and ING arranged the nine year fixed rate deal. There are two delayed draw dates, one in November priced at 2.79% and the other in February 2021 which was sold at 2.84%. The deal proved popular with investors, and had orders of around $545m. The proceeds ...

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