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Arion Bank completes bond offering Yesterday Ari

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Post# of 301275
Posted On: 10/25/2013 6:15:19 AM
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Posted By: News Desk 2018
Arion Bank completes bond offering

Yesterday Arion Bank completed an offering of covered bonds, in the series Arion CBI19. Offers totalling ISK 1,940 million were received and offers worth ISK 1,500 million were accepted at a yield of 2.5%. The Bank aims to get this series admitted to trading on NASDAQ OMX Iceland.

For further information please contact Haraldur Gudni Eidsson, Head of Arion Bank's Communications division, at haraldur.eidsson@arionbanki.is , or tel. +354 856 7108.



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