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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) just unveiled an update.
Arion Bank is launching a new series of ISK denominated Tier 2 subordinated bonds, set to be offered in a single-price auction on May 27, 2025, with settlement and listing expected on June 2, 2025. This strategic move under the bank’s Euro Medium Term Note Programme aims to strengthen its financial position, with implications for institutional investors as the offering is not intended for retail investors.
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