Posts Tagged ‘
Stadshypotek ’
Sep 27th, 2016
Stadshypotek issued its first covered bond out of a Finnish cover pool today (Tuesday), selling a thrice-subscribed Eu500m 10 year issue that progressed smoothly, in contrast with more turbulent conditions in other markets, with NordLB pulling a senior trade amid pressure on European banks.
Posted in Market
Tags: covered bonds, euros, Finnish, Stadshypotek, Svenska Handelsbanken, 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
Apr 22nd, 2016
Stadshypotek looks set to issue covered bonds backed by a dedicated Finnish residential mortgage cover pool under Swedish legislation, after Moody’s yesterday (Thursday) announced a provisional Aaa rating for such covered bonds, with issuance off a Danish pool also a possibility.
Posted in Sweden
Tags: covered bonds, Danish, Denmark, Finland, Finnish, Stadshypotek, Sweden, Swedish
Nov 20th, 2015
OP Mortgage Bank set the tone for a strong week in the covered bond market with a Eu1.25bn five year issue on Monday that attracted orders approaching Eu1.8bn at a limited new issue premium, with Stadshypotek and Danske Bank Finland following successfully in its wake.
Posted in Market
Tags: Danske Bank Finland, euros, Finland, Finnish, OP Mortgage Bank, Sampo, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
Aug 14th, 2015
Stadshypotek sold a £300m three year FRN covered bond on Monday, proving that the sterling market is an appealing option for issuers and printing at a tighter price than could have been achieved in the domestic market, according to bankers.
Posted in Sweden
Tags: covered bond, Stadshypotek, sterling, Svenska Handelsbanken, Sweden, Swedish
Apr 10th, 2015
Stadshypotek sold a $1bn (Skr8.70bn, Eu931m) five year 144A covered bond on Wednesday of last week (2 April) and bankers suggested that although the deal had not achieved the same level of arbitrage as some recent transactions, European issuers could still see the dollar market as attractive.
Posted in Market
Tags: covered bond, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
May 16th, 2014
Stadshypotek launched a rare euro floating rate covered bond this (Friday) morning, a Eu300m five year issue that was launched opportunistically in response to interest in the format from investors, with the deal providing the issuer with attractive funding versus its curve, according to a lead syndicate banker.
Posted in Market
Tags: Handelsbanken, Stadshypotek, Svenska Handelsbanken
Mar 27th, 2014
Stadshypotek priced a Eu1.25bn five year covered bond on Monday, the joint tightest post-crisis non-German Pfandbrief euro benchmark covered bond, with an official at the issuer noting that the prevailing euro market provided a “unique” funding opportunity for Scandinavian issuers.
Posted in Market
Tags: Handelsbanken, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
Oct 24th, 2013
Stadshypotek priced a Eu1bn seven year covered bond yesterday (Wednesday) to kickstart what could be a series of Nordic FIG deals in euros as issuers from the region emerge from blackouts and face enticing spreads and cross-currency levels.
Posted in Sweden
Tags: covered bond, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
May 23rd, 2013
SEB added another string to its bow by making its US dollar covered bond debut on Tuesday, pricing a $1.5bn five year deal on the back of strong demand and only 1bp wide of where Stadshypotek tapped the market last week.
Posted in Sweden
Tags: dollars, SEB, Skandinaviska Enskilda Banken (SEB), Stadshypotek, US