Posts Tagged ‘ Danske Bank ’

Danske wraps up 2014 funding in Eu1bn FRN

Nov 21st, 2014

Danske Bank sold a Eu1bn four year senior unsecured floating rate note at Euribor plus 38bp on Wednesday of last week (12 November) to complete its funding target for 2014.

Danske raises forecast, Sydbank, Jyske report

Oct 31st, 2014

Danske Bank made pre-tax profits of Dkr4.5bn (Eu605m) in the third quarter, 6% ahead of consensus expectations, and raised its outlook for the full year from Dkr10bn-Dkr13bn to Dkr11.5bn-Dkr13.5bn.

Danske takes Nordics through swaps in CBPP context, pre-Vienna

Sep 19th, 2014

Danske Bank priced a Eu1bn (Dkr7.45bn) short five year covered bond at 2bp through mid-swaps on Wednesday, making it the first Nordic euro benchmark covered bond to have been priced through mid-swaps since the onset of the financial crisis.

Danske finds strong demand for inaugural £500m covered bond

Sep 12th, 2014

Danske Bank sold its first sterling covered bond on Monday, a £500m (Dkr4.64bn, Eu624m) three year floating rate note that attracted £800m of demand despite coming at the same time as a £1.5bn Barclays Bank covered bond in the same format.

Danske raises outlook after Q2 progress, Swedbank echoes peers

Jul 24th, 2014

Second quarter results for Danske, reported today (Thursday), reveal “good progress all over”, with a raised outlook for 2014 reflecting higher management confidence, while Swedbank results underline a Swedish trend, said a Kepler Cheuvreux analyst.

Danske Bank gets ‘remarkable outcome’ in euro covered return

Jun 5th, 2014

Danske Bank priced its first euro covered bond in over a year on Tuesday, a Eu1bn seven year deal whose pricing illustrates the outperformance of Danish issues in the Nordic market, according to a lead syndicate banker.

Danske in rare senior FRN, SEB adds to Nordic Tier 2

May 22nd, 2014
Danske EntranceAPP

Danske Bank completed its first euro benchmark flow funding exercise of the year yesterday (Wednesday), a Eu750m three year senior unsecured floating rate note felt to be best suited to a softer market, while SEB was today out with the fourth Nordic Tier 2 issue of the year.

Danske wraps up T2 with Eu500m, opts for 12NC7

May 16th, 2014

Dankse was first out of the blocks in a busy FIG market this week, tapping the market early Monday morning with a Eu500m (Dkr3.73bn) no-grow 12 year non-call seven Tier 2 issue that an official at the bank said wrapped up adjustments it had wanted to make to its Tier 2 capital levels.

S&P upgrades RD §15 bonds

May 8th, 2014
Realkredit Danmark image

Standard & Poor’s upgraded Realkredit Danmark senior secured issuance yesterday (Wednesday) following its lifting of parent bank Danske’s rating from A- to A Tuesday of last week, which came as part of wide-ranging BRRD-inspired bank rating actions.

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.