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Arion Bank calls SEK 500 million floaters due 2028
By William Gullotti
Buffalo, N.Y., Oct. 20 – Arion Bank hf gave redemption notices to holders of its SEK 500 million floating-rate tier 2 notes due 2028 (ISIN: XS1914314726) on Thursday, according to an announcement on Friday.
The bank will redeem the entire series on Nov. 22 at par plus accrued and unpaid interest up to, but excluding, the redemption date.
Arion is a Reykjavik, Iceland-based bank.
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