Brief: Arion Banki Hf Says Concluded Sale Of Two Covered Bond Series

Arion banki hf

03/06/2020 17:57

June 3 (Reuters) - Arion banki hf  ARION.IC :
    * CONCLUDED SALE OF TWO COVERED BOND SERIES
    * IN TOTAL, 24 BIDS WERE RECEIVED IN AUCTION FOR AMOUNT OF
ISK
2,980 MILLION
    * INFLATION-LINKED SERIES ARION CBI 26 ATTRACTED 17 BIDS OF
ISK
2,400 MILLION AT A YIELD OF 0.62-0.70
    * BIDS FOR NOMINAL AMOUNT OF ISK 1,000 MILLION AT A YIELD OF
0.65%
WERE ACCEPTED
    * FIXED RATE SERIES ARION CB 24 ATTRACTED 7 BIDS OF ISK 580
MILLION AT A YIELD OF 2.54-2.58%
    * ISSUED BONDS ARE SCHEDULED TO BE ADMITTED TO TRADING ON
NASDAQ
ICELAND ON 10 JUNE 2020
    * ALL BIDS WERE REJECTED AT THIS TIME

Source text for Eikon:  ID:nGNE5q4CBC 
Further company coverage:  ARION.IC 

 ((Reuters.Briefs@thomsonreuters.com;))