Arion banki hf.
Arion Bank completes covered bond offering
Arion Bank hf. 09.12.2014 18:38 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Today, Tuesday 9 December, Arion Bank completed an offering of two new series of covered bonds, 7-year and 15-year instruments respectively. Offers totalling ISK 10,340 million were received and offers worth ISK 6,360 million were accepted. In the 15-year series offers worth ISK 5,220 million were accepted at a yield of 3.50% and in the 7-year series offers worth ISK 1,140 million were accepted at a yield of 3.60%. The bonds are linked to the consumer price index and are scheduled to be admitted to trading on Nasdaq Iceland this December. For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 856 7108. News Source: NASDAQ OMX 09.12.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Arion Bank hf. Iceland Phone: Fax: E-mail: Internet: ISIN: IS0000021186 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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