Bond Auction on April 2nd,

From GlobeNewswire.: 2025-04-02 05:31:00

Iceland Seafood International (ISI) will offer ISK-denominated bonds in a new series, ICESEA 28 10 with a fixed 10.00% interest rate and a maturity date of October 9th, 2028. The bonds will be offered in a single-price auction, with a nominal unit of ISK 20 million, and an application for listing on the stock exchange. Holders of the bond ICESEA 25 06 can exchange for the new series. The bond exchange offering will have a clean price of 100.8715, equivalent to an 8.65% yield. The expected settlement date is April 7th, 2025. Bids must be submitted by email to [email protected] by 16:00 (GMT) on April 2, 2025.



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