Arion Bank hf.: Arion Bank issues T2 bonds in SEK
Arion Bank has today concluded a sale of Tier 2 floating rate bonds for total of SEK 225m. The notes are callable in November 2029 with final maturity in November 2034.
The bonds were priced at a spread of 265bp over 3-month STIBOR.
The bonds will be issued under the Bank’s EMTN programme and are expected to be admitted to trading on the Luxembourg Stock Exchange on 20 November 2024.
The bookrunner on the transaction was DNB Markets