Arion Bank increases senior unsecured notes by EUR 3 million


Arion Bank has today increased the issue size of previously issued bond by EUR 3 million. Original issue size was EUR 10 million and new issue size will be EUR 13 million.

The issued notes are a 2 year senior unsecured floating rate notes. The notes were priced at a spread of 3m Euribor+58 bps.

The notes will be issued under Arion Bank’s EMTN programme.

NatWest Markets arranged the issue.

For further information please contact Sture Stolen, head of Arion Bank’s investor relations, at ir@arionbanki.is

GlobeNewswire