Brief: Arion Bank Says Concluded Sale Of Two Covered Bond Series

Arion banki hf

07/05/2020 18:00

May 7 (Reuters) - Arion banki hf  ARION.IC :
    * ARION BANKI HF - ARION BANK HF CONCLUDED SALE OF TWO COVERED BOND SERIES
    * ARION BANKI HF - TOTAL DEMAND IN ISSUE AMOUNTED TO ISK 3,280 MILLION AND 17 BID WAS
RECEIVED
    * ARION BANKI HF - INFLATION-LINKED ISSUE ARION CBI 26 ATTRACTED 15 BIDS OF ISK 3,120
MILLION AT A
YIELD OF 0.91-1.00%
    * ARION BANKI HF - BIDS FOR NOMINAL AMOUNT OF ISK 620 MILLION AT A YIELD OF 0.94% WERE
ACCEPTED
    * ARION BANKI HF - SIZE OF SERIES FOLLOWING ISSUANCE WILL BE ISK 16,080 M
    * ARION BANKI HF - FIXED RATE ISSUE ARION CB 24 ATTRACTED 2 BIDS OF ISK 160 MILLION AT A
YIELD OF
2.78-2.80%, ALL BIDS WERE REJECTED AT THIS TIME
    * ARION BANKI HF - ISSUED BONDS ARE SCHEDULED TO BE ADMITTED TO TRADING ON NASDAQ ICELAND ON
14
MAY 2020

Source text for Eikon:  ID:nGNE3BwrCz 
Further company coverage:  ARION.IC 

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