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Arion Bank’s Successful EUR 300 Million Note Issuance

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Arion Bank’s Successful EUR 300 Million Note Issuance

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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has issued an update.

Arion Bank, a financial institution, has successfully issued EUR 300 million in senior preferred notes with a maturity of six years and a coupon rate of 3.50%. The issuance was highly successful, being nearly five times oversubscribed, with interest from 105 investors across more than 20 countries in the EMEA and APAC regions, indicating strong market confidence and enhancing the bank’s financial standing.

More about Arion Banki hf Shs Swedish DR

Average Trading Volume: 41,316

Technical Sentiment Signal: Buy

Current Market Cap: SEK18.09B

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

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