CORRECTION: Arion Bank hf. completes bond offering

Arion Bank hf. 

29.06.2012 11:32

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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On Friday 29 June Arion Bank hf. completed its second non-indexed fixed rate
covered bond offering, issuing ISK 1.2 billion worth of bonds in the series
Arion CB 15. The size of the series after the increase is ISK 2.52 billion. 

The series is expected to be admitted for trading on NASDAQ OMX Iceland in
July. Further information regarding the listing will be available at a later
date. The bonds bear 6.50% interest and mature in 2015. The bonds were sold
with a yield of 6.45%. 

For further information please contact Haraldur Gudni Eidsson, Arion Bank's
Corporate Communications, tel: +354 856 7108, haraldur.eidsson@arionbanki.is.
News Source: NASDAQ OMX



29.06.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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