Posts Tagged ‘ DNB Boligkreditt ’

DNB Eu1.5bn 10s biggest since 2014 in ‘civilised’ covered bond market

Aug 30th, 2016
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DNB Boligkreditt attracted Eu2bn of orders to a Eu1.5bn 10 year covered bond today (Tuesday) that is the largest euro benchmark in the maturity since 2014 and comes after a slew of long-dated supply.

DNB returns in resilient start for covered, but SR struggles

Jan 8th, 2016
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A DNB €1.5bn five year covered bond attracted over €2bn of demand yesterday (Thursday) as eight euro benchmarks totalling €8.5bn hit the market this week, with the asset class proving resilient amid tough conditions, although a SR-Boligkreditt deal was seen as a struggle.

DNB Eu1.25bn shines outside CBPP3, issuer happy after holding off

Oct 16th, 2015
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Norway’s DNB Boligkreditt launched a Eu1.25bn (Nkr11.5bn) five year covered bond on Tuesday and market participants noted that its Eu1.8bn book represented greater oversubscription than levels achieved by CBPP3-eligible deals launched on the same day.

SEB commissions offset negative rates’ impact in Q2 results

Jul 17th, 2015

Skandinaviska Enskilda Banken (SEB) kicked off Swedish banks’ Q2 results announcements on Tuesday with pre-tax profits of Skr5.3bn (Eu570m) that were 14% ahead of consensus expectations, with strong commission revenues offsetting a fall in net interest income.

DNB hits US in $1.25bn covered bond, gets tight level in Skr4bn Tier 2

May 22nd, 2015
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DNB Boligkreditt attracted strong US interest with a $1.25bn (Eu1.12bn, Nkr9.44bn) five year benchmark covered bond on Wednesday, and yesterday (Thursday) achieved tight pricing with a Skr4bn (Nkr3.61bn, Eu430m) subordinated issue that a banker said he believes to be the largest ever Tier 2 in the krona market.

Sparebanken Vest gets tight in covered, eyes more euros

Apr 24th, 2015

Sparebanken Vest Boligkreditt on Wednesday sold the first Norwegian euro benchmark covered bond of the year, a Eu500m seven year that achieved tighter pricing than some market participants had expected, and an official at the Norwegian issuer said it may become a more frequent visitor to euros.

DNB debut £250m FRN offers diversification

Feb 13th, 2015

DNB Bolgikreditt made its sterling covered bond debut on Monday with a £250m (Nkr2.90bn, Eu336m) five year floating rate, and an official at the issuer said the maturity, format and currency suited its needs.

DNB first Nordic bank to launch green bond with renewables deal

Feb 13th, 2015
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DNB on Wednesday became the first commercial bank from the Nordic region to sell a green bond, issuing a Nkr1bn (Eu115m) five year deal whose proceeds are earmarked for financing renewable energy projects.

DNB builds on bank bid with new Eu500m 2021 floater

Nov 14th, 2014
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DNB Boligkreditt sold a Eu500m (Nkr4.23bn) seven year floating rate covered bond last Friday (7 November), building on reverse enquiries to open a new FRN maturity after having tapped a five year through 2014.

DNB in Eu1.25bn five year euro return after busy FRN, krone 2014

Oct 2nd, 2014
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DNB Boligkreditt priced a Eu1.25bn (Nkr10.2bn) five year covered bond at 3bp through mid-swaps on Monday, making for a favourable if modest return for the Norwegian issuer after an absence of 10 months, during which it has progressively tapped an FRN up to Eu850m and raised a record amount domestically.