Arion Bank hf.: S&P raises Arion Bank´s covered bond rating to A+

Published: 2023-11-27 17:07:00 CET

Arion Bank hf. - Other information disclosed according to the rules of the Exchange

S&P Global Ratings (S&P) has upgraded Arion Bank’s covered bond rating to A+ with a stable outlook from A (positive outlook).

The rating action follows S&P’s newly issued rating upgrade on the Icelandic sovereign to A+ from A that was announced on 10 November.

Attachments:

Arion Bank hf. SP raises Arion Bank s covered bond rating to A.pdf

Rating Raised OnThree Icelandic CB Programs Following Similar Action On Iceland Outlooks Revised To Stable Nov 27 2023.pdf