Festi hf. completes the sale of a new bond series, FESTI 050331, worth ISK 4,200,000,000 with a yield of 3.95%. The bonds have a five-year maturity and two equal payments per year, with settlement scheduled for 20 February 2026. Proceeds will be used to refinance existing debt, and Íslandsbanki’s securities sales managed the issuance. The bonds will be admitted to trading on the Main Market of Nasdaq Iceland. The offering did not constitute a public offering and was exempt from publishing a prospectus. Full details are available on Festi’s website. Contact CFO Magnús Kr. Ingason for more information.

Read more at GlobeNewswire: Issuance of a New Bond Series