Arion Bank issues subordinated bonds in EUR
Arion Bank has today issued Tier 2 bonds for total of 5 million EUR. The bonds have a 12NC7 structure which is callable in February 2026. The bonds were priced at a spread corresponding to 6m Euribor+303 bps.
The issuance will be issued under Arion Bank's EMTN programme.
Landesbank Baden-Württemberg arranged the issue.
For further information please contact Sture Stolen, head of Arion Bank's investor relations, at ir@arionbanki.is or Haraldur Guðni Eiðsson, head of Arion Bank's corporate communications, at haraldur.eidsson@arionbanki.is, tel. +354 444 7108.
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