Posts Tagged ‘ Skandiabanken ’

Skandiabanken covered bond switch approved

Sep 18th, 2015
Skandiabanken image

Holders of Skandiabanken Norwegian krone-denominated covered bonds have approved the Swedish bank’s plan to convert their covered bonds into obligations of a new Norwegian issuer it is setting up as part of plans to spin off its Norwegian banking operations.

Senior FRNs added to Skandia Norway switch

Sep 4th, 2015
Skandiabanken image

Sweden’s Skandiabanken is seeking bondholder approval to transfer two outstanding Norwegian krone senior unsecured FRNs to a new subsidiary in Norway it is establishing ahead of a fourth quarter IPO of its banking operations in that country.

Skandiabanken in Norwegian debut with Nkr3bn FRNs

Oct 10th, 2013
Skandiabanken image

Skandiabanken issued its first covered bonds backed by a cover pool of Norwegian residential mortgages on 26 September, pricing three and five year floating rate notes to raise Nkr3bn (Eu368m, Skr3.19bn).

Skandiabanken joins Swedish ranks with Skr3.3bn of FRNs

Sep 26th, 2013
Skandiabanken image

Skandiabanken has joined the ranks of Swedish covered bond issuers, having last week inaugurated a new covered bond programme with a Skr3.3bn (Eu381m) dual tranche FRN issue backed by a cover pool of Swedish residential mortgages.

Covered to play lead role in Skandiabanken growth plans

Sep 13th, 2013
Skandiabanken image

Sweden’s Skandiabanken plans to issue its first covered bond at the end of the month after having turned to the asset class as part of its plans to use the capital markets to diversify its funding sources and support the banks’ growth ambitions, an official told The Covered Bond Report.