Brief: Reginn To Issue New Bond Series

Heimar hf

28/11/2019 07:09

Nov 28 (Reuters) - Reginn hf.  REGINN.IC :
    * SAID ON WEDNESDAY DECIDED TO ISSUE A NEW BOND SERIES
    * NEW SERIES HAS A MATURITY OF 10 YEARS BUT THE PRINCIPAL
AMORTIZATION SCHEDULE FOLLOWS A 30 YEAR EQUAL INSTALMENT
STRUCTURE
    * SERIES' DURATION ON ISSUE DATE WILL BE ROUGHLY 7 YEARS
    * ERIES PAYS FIXED 2,50% REAL INTEREST AND HAS QUARTERLY
INTEREST
AND PRINCIPAL PAYMENTS
    * FIRST PAYMENT ON THE BOND SERIES WILL BE ON APRIL 28TH
2020

    
 Source text for Eikon:  ID:nGNE489fCX 
    
 Further company coverage:  REGINN.IC  
   


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