Hints and tips:
Related Topics
...Privately owned Arion Bank was the first of the three to list in 2018....
.... ★★★☆☆ ‘Arion: Voyage of a Slavic Soul’ is released by Orchid Classics...
...The series B financing was supported by Perella Weinberg advising the company and Arion Capital advising ZUIG, managers of the Zhejiang Silk Road Fund....
...Arion Bank’s debut €300m three-year issue was met with excess demand, highlighting both investors’ thirst for high yields and new levels of confidence in the restructured banking sector....
...Over in Arion, Pelagos, the hotel’s upscale Greek dining spot, showcases Mediterranean fish, grilled whole and, as the hotel blurb puts it, “deboned tableside”....
...Last October, Iceland’s Arion Bank noted that the country’s booming tourism industry was largely driven by “unsustainable” low airfares but had helped Iceland recover from the financial crisis much faster...
...Arion’s fortunes are tied to those of Iceland, which has long been prone to booms and busts....
...Investors have been quick to get back into Iceland and into Arion in particular since capital controls were lifted last year....
...,” said Eva Cederbalk, Arion’s chairman....
...Icelandair is projected to make a IKr1,000 ($8.20) operating loss per passenger this year by analysts at Arion Banki. Third-quarter ebitda fell 26 per cent to $115m....
...Local lender Arion Bank warned that tourism numbers could fall this year, hurting Iceland’s biggest export industry....
...Arion Bank’s anticipated dual listing has been hailed as a step change in access....
...Arion will be a big test of international investors’ desire to join that bumpy ride. And here's the Lex take....
...Last year, Arion bank sold a €300m bond, following on from issues from fellow Icelandic lenders Landsbankinn and Islandsbanki....
...Arion was formed as part of the effort to resolve Kaupthing Bank’s financial troubles as a spin-off of its domestic arm. Arion’s majority owner will use the funds to pay back a government loan....
...● Goldman Sachs and a trio of hedge funds acquired a stake in Iceland’s Arion Bank less than a week after the Nordic island lifted capital controls that dated from the financial crisis....
...Arion is still aiming to list its shares, perhaps later this year, with Goldman and the hedge funds given an option to increase their holdings by 22 per cent before then....
...He remarks at “how well capitalised” Arion now is, in part because of the “very clean balance sheet” it was given after the crisis....
...Hoskuldur Olafsson, Arion’s chief executive, told the Financial Times: “It’s very positive not only for the bank....
...Less than a week after controls were lifted, Goldman Sachs joined a trio of hedge funds in acquiring almost a third of Arion Bank, a successor to one of the banks that failed during the crisis....
...Erna Bjorg Sverrisdottir, of Arion Bank, reckons the actual number of homes blocked from locals by Airbnb is nearer to 500....
...Arion, Citi and Morgan Stanley declined to comment....
...Taconic owns 9.9 per cent of Arion and, together with the other investors, has an opportunity to increase its stake before a probable stock market listing this year....
...Arion Bank is selling the latest post-crisis Icelandic bond, marking a further step forward in the country’s recovery after the devastating collapse of its banking sector....
...Last summer Arion recoiled from a bond issue when a lack of appetite pushed costs too high....
International Edition