Posts Tagged ‘
Jyske Bank ’
Jun 8th, 2017
Jyske returned to the senior unsecured market for possibly the last time on 23 May after in March selling its biggest capital trade, a four times covered Eu300m 12 year non-call seven Tier 2 that investors welcomed as a rare opportunity to buy a yieldy euro trade from the Dane.
Posted in Denmark
Tags: BRFkredit, Danish, Denmark, Jyske Bank, subordinated, Tier 2
Sep 13th, 2016
A debut, dual tranche DKK1.5bn equivalent AT1 for Jyske Bank on 7 September was more than twice oversubscribed, and comprised the first benchmark Swedish krona AT1 from a non-domestic name, with a Jyske official deeming the result a testament to years of work in the Swedish market.
Posted in Denmark
Tags: Additional Tier 1, AT1, Danish, Denmark, Jyske Bank, krona, kroner, kronor, Sweden, Swedish
Jun 17th, 2016
BRFkredit sold a EUR750m seven year covered bond on Wednesday that bankers said was the most solid deal of the week, benefitting from a bounce in sentiment, after Stadshypotek sold a EUR1bn six year issue on Monday that was only just oversubscribed amid weaker conditions.
Posted in Market
Tags: BRFkredit, covered bonds, Danish, Denmark, euros, Jyske Bank, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
May 13th, 2016
Denmark’s Jyske Bank sold its first subordinated debt transaction in 10 years yesterday (Thursday), a SEK1bn (€108m, DKK801m) 10NC5 Tier 2 issue, opting for the Swedish krona market because of the flexibility it offers, according to the group’s head of debt IR and capital markets funding.
Posted in Market
Tags: Danish, Denmark, Jyske Bank, Swedish krona, Swedish kronor, Tier 2
Mar 18th, 2016
BRFkredit sold a debut, Eu500m five year covered bond on Wednesday, and plans to return to the euro market in the fourth quarter and establish itself as a frequent issuer therein, with an official at the issuer citing the benefits of diversification away from the Danish market.
Posted in Denmark
Tags: BRFkredit, covered bond, euros, Jyske, Jyske Bank
Mar 4th, 2016
BRFkredit is set to launch an inaugural euro benchmark covered bond in a move that an official at the Jyske Bank subsidiary said will reduce its refinancing of Danish krone bonds while taking advantage of funding opportunities in the European market.
Posted in Denmark
Tags: BRFkredit, covered bonds, Danish, Denmark, euros, Jyske Bank
Mar 20th, 2015
Jyske Bank achieved high international distribution with a Eu500m (Dkr3.73bn) three year FRN on Tuesday in spite of a weak financials market, and the bank might launch a Eu300m Tier 2 issue later this year before stepping up the frequency of its senior unsecured issuance.
Posted in Denmark
Tags: Jyske Bank
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.
Posted in Denmark
Tags: BRFkredit, Danske Bank, Jyske Bank, Q3, results, Sydbank
Aug 21st, 2014
Jyske Bank Group reported Dkr2.8bn (Eu376m) of pre-tax profit for the second half of 2014 on Tuesday, its largest profit ever, although the figures are the first since the merger with BRFkredit in April, which contributed nearly Dkr2.4bn in one-off income to the result.
Posted in Industry Moves
Tags: BRFkredit, Danish, Denmark, Jyske Bank, results
Jun 12th, 2014
Jyske Bank priced a well-received Eu500m (Dkr3.73bn) three year senior unsecured FRN in a rare visit to the euro benchmark market yesterday (Wednesday), with the deal also its first public euro issue since the Danish bank’s merger with BRFkredit in April.
Posted in Denmark
Tags: BRFkredit, Denmark, Jyske, Jyske Bank