In the series ARION CB 27 a total of 8 bids for ISK 1,720 m were received at a yield in the range of 8.09 – 8.15%. Bids in the amount of ISK 1,220 m were accepted at a 8.13% yield. The total size of the series following the issuance will be ISK 48.840 m.
In the series
In accordance with the offering announcement, holders of ARION CB 24 were offered to sell their holdings in the series at a predetermined clean price of 99.6985 in exchange for subscriptions made in the offering. The exchange offer results in
The bonds are scheduled to be admitted to trading on Nasdaq Iceland on
The bonds will be issued under Arion Bank´s covered bond programme. The Base Prospectus is available here.
The offering is managed by
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