Arion Bank is offering to buy back non-indexed covered bonds in the series ARION CB15, which matures on 16 May 2015, whereby the Bank will pay the 5.0% yield or the net price 100.1888 (102.608244 with accrued interest) of the bonds, with a settlement date of 31 March 2015.
Bondholders wishing to accept this offer are required to inform Arion Bank Capital Markets before 16:00 on 26 March 2015.
Fees are as stipulated in the tariff of charges.
For further information please contact Haraldur Guðni Eiðsson of Arion Bank's Communications department at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.