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Arion Bank: S&P Global Ratings affirms Arion Bank's covered bond program rating and revises outlook from stable to positive

MARKN.

S&P Global Ratings has today affirmed the rating for Arion Bank’s covered bond program and revised the outlook from stable to positive. The affirmed covered bond rating is A.

The rating action reflects S&P’s previous announcement on the revision of Iceland’s long-term sovereign rating outlook from stable to positive on 12 May 2023.

For any further information please contact:

Theodór Friðbertsson, Head of Investor Relations at Arion Bank, ir@arionbanki.is, tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, eirikur.jonsson@arionbanki.is, tel. +354 856 7171

Attachments

SP Covered Bond Ratings Update May 25 2023
Arion Bank: S&P Global Ratings affirms Arion Bank's covered bond program rating and revises outlook from stable to positive

Datum 2023-05-25, kl 17:27
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SP Covered Bond Ratings Update May 25 2023
Arion Bank: S&P Global Ratings affirms Arion Bank's covered bond program rating and revises outlook from stable to positive