Arion Bank hf. - Company Announcement

Arion Bank hf. covered bond offering

 Arion Bank will be offering covered bonds on 7 December.

The Bank will be offering a new fixed rate benchmark series, ARION CB 19, and
the inflation-linked series ARION CBI 21 and ARION CBI 29 and the fixed rate
series ARION CB 22 will also be offered. The inflation-linked series ARION CBI
21 will issued for the final time. 

According to Arion Bank’s issuance schedule the Bank intends to offer ISK
denominated covered bonds on the first Wednesday of every month throughout the
year.  See the Bank’s website for the issuance schedule:
https://www.arionbanki.is/english/about-us/investor-relations/debt-investors/#is
suance-sched 

For further information please contact Haraldur Gudni Eidsson of Arion Bank's
Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444
7108.