Reykjavik, 2012-07-18 19:45 CEST (GLOBE NEWSWIRE) -- Moody‘s gives Orkuveita Reykjavikur (OR - Reykjavik Energy) ratings of B1 with negative outlook, which is unchanged from previous ratings. This will not affect the operations or debt of OR. The company and its owners introduced in March 2011 an action plan for the period 2011-2016 which aims at OR not seeking foreign funding in the period.
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Reykjavik Energy (Orkuveita Reykjavíkur; RE) has signed agreements with Kvika banki hf., Landsbankinn hf. and Fossar Investment Bank hf. on market making in the secondary market for bonds issued by...
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