Posts Tagged ‘ Nordea Bank ’

Nordea blowout reopens T2 in better mart but supply limited

Nov 6th, 2015
Nordea image

Nordea attracted over Eu4.5bn of demand for a “blowout” Eu750m (Skr7bn) 10 year non-call five Tier 2 issue on Monday that bankers said showed the market is wide open, but expectations for further supply next week are modest after only one Tier 2 deal followed.

Nordea sets AT1 coupon low in $1.5bn Swedish landmark

Sep 19th, 2014

Nordea achieved the lowest coupon on an Additional Tier 1 (AT1) with the first such issue from Sweden on Tuesday, a $1.5bn (Eu1.16bn, Skr10.7bn) transaction split into two tranches that included a $1bn perpetual non-call five tranche paying 5.5%.

Nordea eagerly awaited after announcing first Swedish AT1

Sep 12th, 2014

Nordea is set to launch the first Additional Tier 1 (AT1) instrument from Sweden next week, having embarked upon investor meetings for what will be a high, 8% trigger temporary write-down structure.

Norway SIFIs designation credit positive, regional surprise

May 22nd, 2014
Siv Jensen

The designation of DNB, Nordea Bank Norge and Kommunalbanken as systemically important financial institutions (SIFIs) by the Norwegian Ministry of Finance is credit positive, Moody’s said on Monday, noting that an FSA proposal to include regional players was not taken up.

Nordea beats household name Rabobank with ¥100bn Samurai

May 22nd, 2014

Nordea priced a ¥100bn (Eu720m, Skr6.47bn) three tranche Samurai today (Thursday), with a lead banker noting that the deal beat a Rabobank Samurai from last week on pricing and size.

Nordea in $2.25bn three trancher

Apr 4th, 2014

Nordea Bank priced a $2.25bn triple tranche senior unsecured bond on Monday, the last day of the first quarter, with a syndicate official at one of the leads noting that a larger deal may have been possible.

¥91.2bn Samurai puts Nordea at tight end of Japanese market

May 30th, 2013

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.

S&P goes negative on Nordic 10

Nov 22nd, 2012

Ten Nordic banks had their outlooks revised from stable to negative by Standard & Poor’s on Monday because of increasing economic risks arising from a longer than expected recession in the euro-zone.

Nordea bucks Tier 2 trend as US drive pays off in $1bn deal

Sep 20th, 2012

Sweden’s Nordea Bank sold a US$1bn 10 year bullet Tier 2 deal on Monday, benefitting from a decision to broaden the deal’s scope to include the US 144A private placement market rather than only targeting Reg S accounts.