Arion Bank announces completion of commercial papers offering.
NORDIC BUSINESS REPORT-July 12, 2019-Arion Bank announces completion of commercial papers offering
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Arion Bank hf (ICE:ARION), a provider of banking services in Iceland, announced on Thursday the completion of an offering of six-month and five-month commercial papers.
A total of 18 bids were received for the total amount of ISK2,980m and offers worth ISK1,680m were accepted.
According to the company, the five-month series attracted three bids totalling ISK400m at a flat rate of 4.20% to 4.30%. No bids were accepted at this time.
The six-month series attracted 15 bids totalling ISK2,580m in total, at a flat rate of 4.17% to 4.30% Bids amounting to ISK1,680m at 4.20% flat rates were accepted.
These commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 19 July 2019.
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||Nordic Business Report|
|Date:||Jul 12, 2019|
|Previous Article:||Elekta announces delivery of 1,000th fraction with Elekta Unity MR-linac by University Hospital TA1/4bingen.|
|Next Article:||Cramo provides estimates of comparable EBITA for Q2 2019.|