Posts Tagged ‘ bank capital ’

Danske Eu750m AT1 opens Nordics with a bang

Mar 6th, 2014

Danske Bank opened the market for contingent capital for Nordic banks with a bang yesterday (Wednesday), drawing some Eu13bn of demand for its much anticipated AT1 transaction and achieving the lowest coupon to date for the new type of hybrid bank capital.

Danske to meet with investors ahead of likely Nordic AT1 first

Feb 27th, 2014

Danske Bank could soon emerge with the first Nordic CoCo transaction, after having yesterday (Wednesday) announced that it will next week meet with investors in connection with a potential euro Additional Tier 1.

Handelsbanken opens bank capital with post-Lehman Tier 2 tight

Jan 9th, 2014
Handelsbanken image

Svenska Handelsbanken printed the first bank capital issue of 2014 on Tuesday, a Eu1.5bn (Skr16bn) 10 year non-call five subordinated bond that was swamped with demand to pave the way for the tightest pricing of a Tier 2 issue since the collapse of Lehman Brothers, according to a lead syndicate banker.