Arion Bank hf. announced the results of a tender offer published on 15 May 2023 where holders of EUR 300,000,00 0.625% Notes due 2024 to tender their Notes for purchase. The tender offer was subject to the terms and conditions outlined in the tender offer memorandum.

The Bank received valid tenders of EUR 220,357,000 which were all accepted. The Dealer Managers are Barclays, Deutsche Bank, UBS.