Posts Tagged ‘ Aktia Bank ’

Aktia shrugs off weakness, cites diverse Eu1.5bn book

Mar 27th, 2015

Aktia Bank issued a Eu500m seven year covered bond on Tuesday that overcame difficult market conditions to attract a diverse Eu1.5bn order book that represented the highest level of oversubscription on any benchmark for two weeks.

Swedbank gets Nordic tight with Eu1bn, Aktia mandates

Mar 6th, 2015

Swedbank quickly followed up AT1 and senior unsecured deals with a Eu1bn seven year covered bond on Wednesday, the tightest post-crisis Nordic euro benchmark, and the issuer’s funding head said the prevailing low funding costs mean there is little incentive to hold off.

Higher Aktia anchor lifts REMB covered bond rating to Aa2

May 16th, 2014

Moody’s upgraded Aktia Real Estate Mortgage Bank covered bonds from Aa3 to Aa2 on Tuesday after designating the covered bond anchor point the senior unsecured rating plus one notch.

Strong momentum for Aktia covered allays initial nerves

Apr 10th, 2014

Aktia Bank issued a Eu500m no-grow five year covered bond on Monday, with an official at the issuer noting that the deal gained traction quickly, allaying some nervousness about how it would fare after softening in the wider market late last week.

Aktia mandates for roadshow, sets out long term needs

Mar 20th, 2014

Aktia Bank announced on Tuesday that it has mandated banks to organise a series of investor meetings for its euro benchmark covered bond programme, with an official at the issuer noting that the roadshow would be used to gauge market conditions and investor appetite.

RD cites FlexKort amid further Nordic reporting

Feb 13th, 2014
Michael Rasmussen, 
Nykredit Realkredit

Realkredit Danmark released its 2013 full year results on Friday, reporting a Dkr158m increase in net profit to Dkr2.612bn (Eu350m), up 6% compared with 2012. It said that this captures a positive trend in core activities as well as higher funding costs and higher impairments.

Aktia in senior fixed rate first despite politics, beats rush

Oct 3rd, 2013

Aktia Bank priced its first public fixed rate senior unsecured transaction yesterday (Wednesday), a Eu300m four year deal that was well received despite Italian and US politics having cast a shadow over markets this week.

DNB gets post-Lehman LT2 tight, SHB out, Aktia on road

Sep 19th, 2013
DNB image

A Lower Tier 2 transaction from DNB and a US dollar senior unsecured deal from Svenska Handelsbanken hit the market today (Thursday), with sentiment buoyed by a surprise decision against tapering by the Fed yesterday. Meanwhile, Aktia will roadshow for a senior transaction in euros.

Aktia in smooth changeover from REMB with Eu500m first

Jun 20th, 2013

Aktia Bank sold a Eu500m no-grow five year covered bond on Monday, successfully inaugurating a new programme the Finnish group has set up to take over its covered bond funding from Aktia Real Estate Mortgage Bank.

Aktia: Out on the street again

Jun 13th, 2013

Aktia has roadshowed its new Aktia Bank plc covered bond programme and Crédit Agricole CIB senior covered bond analyst Florian Eichert explores the differences between this and previous Aktia Real Estate Mortgage Bank covered bonds.