Arion Bank issues private placement in NOK Arion B
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Posted On: 01/24/2019 11:15:17 AM
Arion Bank issues private placement in NOK
Arion Bank has today issued new bonds for a total of NOK 750 million. The bonds are 3-year instruments and issued under the Bank’s Euro Medium Term Notes (EMTN) programm. The bonds are sold at rates to 1.82% margin over NIBOR interbank rates. Danske Bank arranged the issue.
In addition the Bank is subject to an Icelandic bank tax of 0.376%
For further information please contact Sture Stolen, head of Arion Bank’s investor relations, at ir@arionbanki.is
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