Fitch Affirms Reykjavík Energy‘s Credit Rating

Reykjavík Energy‘s (Orkuveita Reykjavíkur; OR) outperformance of financial forecast for 2018 is among reasons for Fitch‘s affirmation of the company‘s credit rating at BB+ with stable outlook. Fitch expects relatively stable credit metrics over 2019-2023 with marginal improvement in leverage.

Fitch‘s release is attached.

Contact:

Ingvar Stefánsson
CFO
Tel + 354 516 6100

Attachment

• Fitch Ratings Credit Update - OR - Apr 2019

You May Also Be Interested In

• Nelson Miller Group Earns CMMC Level 2 Certification, Strengthening Its Position as a Trusted Manufacturing Partner for Aerospace and Defense
• Foremost Clean Energy Files Early Warning Report with Respect to Rio Grande Resources
• SEC Proposes Amendments to Exchange Act Rule 3a12-8 to Add European Union Debt Obligations