SEB smashes pref senior, offers negative NIP

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SEB smashes pref senior, offers negative NIP

David Freitas
May 11, 2020 01:15 pm
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NORRKOPING, SWEDEN - AUGUST 25, 2018: SEB Bank in Norrkoping, Sweden. SEB was formerly known as Skandinaviska Enskilda Banken and is a major banking group in Nordic countries. | MAREK SLUSARCZYK/Tupungato - stock.adobe.com

SEB offered investors a negative new issue premium with its preferred senior deal on Monday. With conditions consistently improving for European issuers, this deal has shown that the market is ripe for issuance in the format.

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UBSEMEASenior DebtNordicsSwedenSEBBNP ParibasEuropeDanske BankHSBCFIGGoldman Sachs
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David Freitas
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