Arion banki hf.
Arion Bank prepares euro bond issue
Arion Bank hf. 14.04.2014 15:09 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Arion Bank has engaged Citi, Deutsche Bank and Nomura to arrange meetings with European investors which will be held over the next few days. Arion Bank will then aim to complete a euro-denominated bond issue subject to market conditions. These meetings with investors are the logical next step in the ongoing process in recent years to diversify the Bank's funding base and to open access to the international credit markets. In early 2013 Arion Bank issued bonds in Norwegian kroner and by doing so became the first Icelandic bank to raise foreign funding since 2007. At the beginning of this year the Bank obtained the rating BB+ from the international ratings agency Standard & Poor's, the first Icelandic bank to do so. This rating significantly increased the number of investors potentially interested in bonds issued by the Bank. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA. 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 14.04.2014 DGAP's 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 ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden