17th Feb 2026 15:20
Today, Arion bank issued a EUR 300 million European Covered Bond (Premium). The notes have a 5 year maturity and pay a coupon of 2.75% and were sold at terms equivalent to 40 bps spread over mid-swaps.
The issue was around 3.5x times oversubscribed with orders received from 45 investors spanning 13 countries across Europe. Final books stood at EUR 1.1 bn.The transaction was managed by Barclays, DZ BANK, Erste Group and UBS Investment Bank.
For any further information please contact:
Theodór Friðbertsson, Investor Relations at Arion Bank, [email protected], tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, [email protected], tel. +354 856 7171
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Arion Bank issues EUR 300 million European Covered Bond (Premium)