Posts Tagged ‘ Swedish krona ’

Jyske Bank builds in Sweden with SEK1bn Tier 2 return

May 13th, 2016

Denmark’s Jyske Bank sold its first subordinated debt transaction in 10 years yesterday (Thursday), a SEK1bn (€108m, DKK801m) 10NC5 Tier 2 issue, opting for the Swedish krona market because of the flexibility it offers, according to the group’s head of debt IR and capital markets funding.

Record krona Tier 2 offers Pohjola attractive alternative to euros

Aug 21st, 2015
Photo: Lauri Silvennoinen/Wikimedia Commons

Pohjola Bank turned to the Swedish krona market to raise Tier 2 debt on Tuesday after having retreated from a planned euro issue in June, and in doing so sold a Skr3.5bn FRN that is the largest single-tranche Tier 2 in the Swedish market and which market participants said offered savings for the Finnish issuer.

‘Awesome’ demand for Skr10.3bn syndicated Nykredit issue

Sep 5th, 2013
Nykredit image

Nykredit Realkredit drew Skr50bn of orders when it sold Skr10.3bn (Eu1.18bn, Dkr8.81bn) of one year SDOs backed by Swedish mortgages in its third such sale last Thursday (August 29). Meanwhile DLR Kredit rounded off the latest Danish auction season today (Thursday).