Posts Tagged ‘ Svenska Handelsbanken ’

Stadshypotek Finnish covered kick-off draws Eu1.5bn amid pulled deals

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.

BRF covered benefits from bounce after slower Stadshypotek start

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.

Sun setting on 2015 issuance after Handelsbanken highlight

Dec 11th, 2015

Svenska Handelsbanken sold its first euro senior unsecured benchmark in over two years on Monday, attracting over Eu2.4bn of orders for a Eu1.25bn seven year, but in spite of this and some other successful supply in the FIG markets, bankers said issuers could now be done for the year.

OP leads way as Nordics show covered bond mart’s strength

Nov 20th, 2015
Photo: Lauri Silvennoinen/Wikimedia Commons

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.

Rate cuts stymie Swedish third quarter profits, but positives seen

Oct 23rd, 2015

Third quarter results of the big four Swedish banks came in below consensus expectations this week, with the impact of persistently low interest rates on net interest income (NII) and weak capital markets cited as contributing to the weaker than expected performance.

Third Handelsbanken Samurai rides out volatility

Sep 4th, 2015

Svenska Handelsbanken sold a ¥66.8bn (Skr4.67bn, Eu496m) three tranche Samurai last Friday (28 September) in its third visit to the Japanese market in three years and against a volatile market backdrop.

Reactive Stadshypotek £300m FRN shows sterling possibilities

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.

Net items lift Swedish bank results, Nordea NII less resilient

May 1st, 2015

Nordea and Svenska Handelsbanken first quarter results announced on Wednesday echoed those with which SEB kicked off the Nordic bank reporting season the previous Thursday, showing strong net financial items, although Nordea fell behind its peers on net interest income (NII) that for SEB and Handelsbanken proved resilient.

Dollar attractions cited as Stadshypotek sells $1bn covered

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.

Handelsbanken hits coupon low in AT1 ‘museum piece’

Feb 20th, 2015

Svenska Handelsbanken launched its inaugural Additional Tier 1 (AT1) issue on Wednesday, a $1.2bn (Eu1.05bn, Skr10bn) perpetual non-call six deal that achieved the lowest coupon on a US dollar AT1 and attracted $4.7bn of demand.