Bifogade filer
Arion Bank hf.: Subordinated Bond Offering in ISK
Prenumeration
Beskrivning
| Land | Island |
|---|---|
| Lista | Large Cap Iceland |
| Sektor | Finans |
| Industri | Bank |
Arion bank will be offering a new series of ISK denominated Tier 2 subordinated bonds on Tuesday, May 27th 2025.
The series will be CPI-linked with semiannual interest payments and one payment of principal at maturity. Final maturity date will be in December 2036, with a first call date in December 2031 and at every interest payment date thereafter (11.5NC6.5).
The bonds will be offered in a single-price auction, where all accepted offers will be awarded at the highest accepted yield. Arion Bank reserves the right to accept or reject offers in part or in whole. The expected settlement and listing date on Nasdaq Iceland is June 2, 2025.
The bonds will be issued under Arion Bank´s EUR 3.000m Euro Medium Term Note (EMTN) Programme. The EMTN Base Prospectus is available here. The offering is not intended for retail investors.
The auction is managed by Arion Bank Capital Markets. Offers shall be submitted before 16:00 GMT on May 27th 2025 by email to skuldabrefamidlun@arionbanki.is.