Nordea breaks through 4% barrier with €750m AT1

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Nordea breaks through 4% barrier with €750m AT1

Jasper Cox
November 21, 2017 01:15 PM
Nordea2_PA_230x150
STOCKHOLM 2017-10-26 Nordea bank headoffice during the presentation of the financial report at the banks head office in Stockholm Sweden on Thursday. Nordea is cutting 6 000 jobs world wide. Foto: Jessica Gow / TT kod 10070 | Jessica Gow/TT/TT News Agency/Press Association Images

Nordea smashed the record for the lowest coupon on an additional tier one (AT1) in a core currency on Tuesday, as it racked up about €6bn of demand and ratcheted in the pricing from initial price thoughts by 50bp-75bp.

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Bank CapitalEuropeEMEAFIGNordea Markets
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Jasper Cox
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