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Arion Bank Concludes Successful Covered Bond Offering

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Arion Bank Concludes Successful Covered Bond Offering

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The latest update is out from Arion Banki hf Shs Swedish DR ( (SE:ARION) ).

Arion Bank has successfully concluded a sale of covered bonds in the ARION CBI 31 series, accepting bids totaling ISK 2,080 million at a yield of 3.75%. The issuance aims to enhance market making by adding ISK 960 million to the series, with the bonds set to be traded on Nasdaq Iceland by June 30, 2025.

More about Arion Banki hf Shs Swedish DR

Average Trading Volume: 45,488

Current Market Cap: SEK16.67B

Learn more about ARION stock on TipRanks’ Stock Analysis page.

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