Term Sheet
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Issuer: Orkuveita Reykjavíkur
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Org. no: 551298-3029
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Address: Bæjarháls 1, 110 Reykjavík
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-------------------------------------------------------------------------------- - Bonds/bills: Bonds -------------------------------------------------------------------------------- Symbol (Ticker) OR011222 -------------------------------------------------------------------------------- ISIN code IS0000028074 -------------------------------------------------------------------------------- CFI code D-B-F-U-F-R -------------------------------------------------------------------------------- Registered at ISD Yes -------------------------------------------------------------------------------- Amortization type Coupon bonds -------------------------------------------------------------------------------- Country Iceland -------------------------------------------------------------------------------- Currency ISK -------------------------------------------------------------------------------- Date of admission to trading 02.12.2016 -------------------------------------------------------------------------------- Order book ID 129570 -------------------------------------------------------------------------------- Instrument subtype Corporate Bonds -------------------------------------------------------------------------------- Market OMX ICE CP Fixed Income -------------------------------------------------------------------------------- List population name OMX ICE Corporate Bonds -------------------------------------------------------------------------------- Denomination in CSD ISK 1 -------------------------------------------------------------------------------- Size limit ISK 5.000.000.000 -------------------------------------------------------------------------------- Total issued amount ISK 500.000.000 -------------------------------------------------------------------------------- Amount admitted to trading at this time ISK 500.000.000 -------------------------------------------------------------------------------- Issue date Thursday, December 01, 2016 -------------------------------------------------------------------------------- First ordinary installment date Thursday, December 01, 2022 -------------------------------------------------------------------------------- Total number of installments 1 -------------------------------------------------------------------------------- Installment frequency N/A -------------------------------------------------------------------------------- Maturity date Thursday, December 01, 2022 -------------------------------------------------------------------------------- Interest rate 5,75% -------------------------------------------------------------------------------- Floating interest rate N/A -------------------------------------------------------------------------------- Premium N/A -------------------------------------------------------------------------------- Simple/compound interest Simple -------------------------------------------------------------------------------- Day count convention 30/360 -------------------------------------------------------------------------------- Interest from date Thursday, December 01, 2016 -------------------------------------------------------------------------------- First ordinary coupon date Friday, December 01, 2017 -------------------------------------------------------------------------------- Coupon frequency 1 -------------------------------------------------------------------------------- Total number of coupon payments 6 -------------------------------------------------------------------------------- Indexed No -------------------------------------------------------------------------------- Name of index N/A -------------------------------------------------------------------------------- Daily index or monthly index NA -------------------------------------------------------------------------------- Base index value N/A -------------------------------------------------------------------------------- Index base date N/A -------------------------------------------------------------------------------- Dirty price / clean price Clean price -------------------------------------------------------------------------------- Call option No -------------------------------------------------------------------------------- Put option No -------------------------------------------------------------------------------- Convertible No -------------------------------------------------------------------------------- Additional information N/A -------------------------------------------------------------------------------- Market making No -------------------------------------------------------------------------------- Credit rating (rating agency, date) Moody's December 2, 2015; Fitch Ratings January 28, 2016, Reitun March 2016 -------------------------------------------------------------------------------- Securities depository Nasdaq CDS Iceland hf. -------------------------------------------------------------------------------- Coordinator - admission to trading Arion Bank hf. -------------------------------------------------------------------------------- If irregular cash flow, then how N/A -------------------------------------------------------------------------------- If payment date is a bank holiday, does payment No include accrued interest for days missing until next business day? --------------------------------------------------------------------------------
-------------------------------------------------------------------------------- - Bonds/bills: Bonds -------------------------------------------------------------------------------- Symbol (Ticker) OR011222 -------------------------------------------------------------------------------- ISIN code IS0000028074 -------------------------------------------------------------------------------- CFI code D-B-F-U-F-R -------------------------------------------------------------------------------- Registered at ISD Yes -------------------------------------------------------------------------------- Amortization type Coupon bonds -------------------------------------------------------------------------------- Country Iceland -------------------------------------------------------------------------------- Currency ISK -------------------------------------------------------------------------------- Date of admission to trading 02.12.2016 -------------------------------------------------------------------------------- Order book ID 129570 -------------------------------------------------------------------------------- Instrument subtype Corporate Bonds -------------------------------------------------------------------------------- Market OMX ICE CP Fixed Income -------------------------------------------------------------------------------- List population name OMX ICE Corporate Bonds -------------------------------------------------------------------------------- Denomination in CSD ISK 1 -------------------------------------------------------------------------------- Size limit ISK 5.000.000.000 -------------------------------------------------------------------------------- Total issued amount ISK 500.000.000 -------------------------------------------------------------------------------- Amount admitted to trading at this time ISK 500.000.000 -------------------------------------------------------------------------------- Issue date Thursday, December 01, 2016 -------------------------------------------------------------------------------- First ordinary installment date Thursday, December 01, 2022 -------------------------------------------------------------------------------- Total number of installments 1 -------------------------------------------------------------------------------- Installment frequency N/A -------------------------------------------------------------------------------- Maturity date Thursday, December 01, 2022 -------------------------------------------------------------------------------- Interest rate 5,75% -------------------------------------------------------------------------------- Floating interest rate N/A -------------------------------------------------------------------------------- Premium N/A -------------------------------------------------------------------------------- Simple/compound interest Simple -------------------------------------------------------------------------------- Day count convention 30/360 -------------------------------------------------------------------------------- Interest from date Thursday, December 01, 2016 -------------------------------------------------------------------------------- First ordinary coupon date Friday, December 01, 2017 -------------------------------------------------------------------------------- Coupon frequency 1 -------------------------------------------------------------------------------- Total number of coupon payments 6 -------------------------------------------------------------------------------- Indexed No -------------------------------------------------------------------------------- Name of index N/A -------------------------------------------------------------------------------- Daily index or monthly index NA -------------------------------------------------------------------------------- Base index value N/A -------------------------------------------------------------------------------- Index base date N/A -------------------------------------------------------------------------------- Dirty price / clean price Clean price -------------------------------------------------------------------------------- Call option No -------------------------------------------------------------------------------- Put option No -------------------------------------------------------------------------------- Convertible No -------------------------------------------------------------------------------- Additional information N/A -------------------------------------------------------------------------------- Market making No -------------------------------------------------------------------------------- Credit rating (rating agency, date) Moody's December 2, 2015; Fitch Ratings January 28, 2016, Reitun March 2016 -------------------------------------------------------------------------------- Securities depository Nasdaq CDS Iceland hf. -------------------------------------------------------------------------------- Coordinator - admission to trading Arion Bank hf. -------------------------------------------------------------------------------- If irregular cash flow, then how N/A -------------------------------------------------------------------------------- If payment date is a bank holiday, does payment No include accrued interest for days missing until next business day? --------------------------------------------------------------------------------