|
|||
![]() |
|||
2017-06-20 18:56:11 CEST 2017-06-20 18:56:11 CEST REGULATED INFORMATION Arion Bank hf. - Other information disclosed according to the rules of the ExchangeArion Bank issues bonds in eurosOn Tuesday 20 June, Arion Bank issued new senior unsecured bonds for a total of €300 million. The bonds are 3-year instruments. Orders were received from 80 investors with total demand in excess of €750 million, meaning the issue was more than two times oversubscribed.
The bonds have a fixed coupon of 0.75% and were sold at rates corresponding to a 0.88% margin over interbank rates. Arion Bank mandated Goldman Sachs, JPMorgan, Nomura and UBS for the transaction. As before, part of the issue will be used to pay down existing loans. |
|||
|