Posts Tagged ‘ Nordea Eiendomskreditt ’

Sterling attractive as Nordea Eiendomskreditt sells £400m FRN

Jan 8th, 2016
Nordea Frogner Oslo NNFIC

Nordea Eiendomskreditt attracted £425m of orders for a £400m (€545m) three year floating rate  covered bond on Wednesday, which, alongside similar issues for Lloyds beforehand and Bank of Nova Scotia afterwards, bankers said shows sterling to be an attractive option for issuers.

Strong response as Nordea Norwegian arm makes sterling debut

Sep 4th, 2014

Nordea Eiendomskreditt made its sterling covered bond debut today (Thursday) with a £500m (Eu627m, Nkr5.11bn) three year FRN that was nearly twice subscribed and said to be the tightest deal in the currency so far, also coming inside theoretical euro new issue levels.