Senior Preferred Notes
Search documents
US Bancorp (UBS) to Underpin Arion Bank’s €300M Senior Preferred Notes
Yahoo Finance· 2025-09-11 15:31
Group 1 - U.S. Bancorp is recognized as one of the best dividend stocks to buy, with recent involvement in stabilizing Arion Bank's €300 million senior preferred notes [1] - UBS Europe SE will manage the stabilization process, which may include actions like over-allotting or trading securities to support prices, limited to 5% of the total nominal amount [2] - The notes will mature in 2031, with the stabilization phase expected to commence on August 26, 2025, and conclude by October 1, 2025 [1][2] Group 2 - The offer price and terms for the notes have not yet been established, and stabilization actions can be halted at any time [3] - The securities are not registered under U.S. law and will not be offered in the U.S. market [3]