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Arion Bank Completes Covered Bond Exchange Offer

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Arion Bank Completes Covered Bond Exchange Offer

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An update from Arion Banki hf Shs Swedish DR ( (SE:ARION) ) is now available.

Arion Bank has successfully completed a covered bond exchange offer, resulting in the buyback of ISK 1,400 million nominal in the series ARION CBI 26. This strategic financial maneuver, managed by Arion Bank Capital Markets, is part of the bank’s ongoing efforts to optimize its debt portfolio, potentially enhancing its financial stability and market positioning.

More about Arion Banki hf Shs Swedish DR

Average Trading Volume: 47,118

Technical Sentiment Signal: Buy

Current Market Cap: SEK18.06B

For detailed information about ARION stock, go to TipRanks’ Stock Analysis page.

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