By Wendy Van Sickle
Columbus, Ohio, Dec. 19 – General Leasing Co. ehf issued ISK 4.54 billion of 6.65% eight-year general mortgage bonds, according to a news release.
Interest is payable annually.
The bond was issued to refinance a December 2017 ISK 4 billion loan agreement with Global Macro Absolute Return Advantage Portfolio.
The bond class will be admitted to trading on the Nasdaq Iceland Primary Market on Dec. 31.
The car rental company is based in Reykjavik, Iceland.
| Issuer: | General Leasing Co. ehf
|
| Issue: | General mortgage bonds
|
| Amount: | ISK 4 billion
|
| Tenor: | Eight years
|
| Coupon: | 6.65%
|
| Settlement date: | Dec. 19
|
| Listing date: | Dec. 31
|
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