Posts Tagged ‘ Eika Boligkreditt ’

OBOS set for Q3 krone covered bond debut after loan growth

Aug 5th, 2016
OBOS hovedkontorlogoOBOS-logo vårblomsterHammersborg torg 1

Norway’s OBOS-banken is set to issue a debut Norwegian krone covered bond through a new wholly-owned covered bond issuer in the third quarter, having on Wednesday received a provisional covered bond rating from Moody’s, as it negotiates a split from issuer Eika Boligkreditt.

DNB and Eika hit targets, with 7s the place to be

Apr 17th, 2016
DNB image

DNB Boligkreditt attracted Eu2.2bn of demand for a Eu1.5bn seven year covered bond on Tuesday, before fellow Norwegian issuer Eika Boligkreditt sold a twice oversubscribed Eu500m seven year on Wednesday, having moved forward its plans to capitalise on strong demand in the seven year part of the curve.

Eika finds its window in busy euro covered bond market

Oct 23rd, 2015
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Eika Boligkreditt waited for a window amid heavy euro covered bond supply to sell its first euro benchmark of the year on Wednesday, pricing a Eu500m six year transaction with a relatively slim new issue premium after eight deals had hit the market in the first two days of the week.

Eika among candidates hoped for in improving euro covered

Oct 9th, 2015
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The euro covered bond market was quiet this week, with only one benchmark issued, but bankers are optimistic that successful deals will be done next week after sentiment improved and spreads tightened and with a handful of issuers, including Eika Boligkreditt, having been on the road.

SCBC adjusts expectations as mart widens, Eika to roadshow

Oct 2nd, 2015

Swedish Covered Bond Corporation (SCBC) adjusted its pricing expectations in the face of a widening market when printing a Eu750m five year covered bond on Monday, according to an official at the issuer, who said the outcome was a strong result in difficult conditions.

Eika covered bonds upgraded from Aa2 to Aa1 by Moody’s

Oct 24th, 2014
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Moody’s upgraded Eika Boligkreditt mortgage covered bonds from Aa2 to Aa1 on Thursday of last week.

Eika helped by supply shortage, Eu500m size allows regularity

Mar 6th, 2014
Bilde Anders Mathisen

Norway’s Eika Boligkreditt met with strong demand for its first euro benchmark covered bond since early 2013 yesterday (Wednesday) and benefitted from the prevailing negative net supply, according to an official at the issuer, which returned to a Eu500m deal size after two Eu1bn transactions.

Eika preps euro return after strong 2013 in Norwegian kroner

Feb 20th, 2014
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Norway’s Eika Boligkreditt, formerly Terra BoligKreditt, will go on a roadshow next week ahead of a potential euro deal, which would be its first benchmark covered bond in the currency since January 2013 after a strong year in the domestic market led it to delay such a move, according to an official at the issuer.

TBK now Eika, profits up 240%

Apr 4th, 2013
Anders Mathisen, senior vice president at Eika Boligkreditt,

Eika Boligkreditt, formerly known as Terra BoligKreditt (TBK), posted a 240% rise in pre-tax profit in 2012 following an increase in lending activities and in margins on lending, according to an official at the Norwegian issuer.