Published: 2023-05-25 17:27:00 CEST
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Arion Bank hf. - Other information disclosed according to the rules of the Exchange
Arion Bank: S&P Global Ratings affirms Arion Bank's covered bond program rating and revises outlook from stable to positive

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.pdf https://attachment.news.eu.nasdaq.com/a77d863b88b40af2cb3402f9126d8e038
Arion Bank SP Global Ratings affirms Arion Banks covered bond program rating and revises outlook from stable to positive.pdf https://attachment.news.eu.nasdaq.com/abad6a31ef5a000d76b9d57a88bf806ac
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