DNB is closing the first Samurai issue for a European financial institution of 2014 tomorrow (Friday), a ¥81.6bn (Eu573m, Nkr4.78bn) dual tranche five year senior unsecured deal that achieved far broader distribution than the Norwegian bank’s last Samurai.

Svenska Handelsbanken is set to become the third Nordic issuer to tap the Samurai market within the space of a month, with soft marketing for the Swedish bank’s debut, senior unsecured issue expected to start tomorrow (Friday).

Nordea Bank positioned itself as the tightest European FIG credit in the Samurai market yesterday (Wednesday), pricing a ¥91.2bn (Eu693m, Skr5.96bn) senior unsecured issue inside Rabobank.