Swedish banks in focus for senior market
Three Swedish banks were busy in the preferred senior market this week, with SBAB Bank and Svenska Handelsbanken pricing new deals and Länsförsäkringar Bank (LF Bank) lining up for its debut.
“Most of the big four Swedish banks have already printed deals in euros this year,” said a FIG syndicate banker. “So it is a good chance to gain exposure to the sector.”
SBAB and grabSBAB paid about 5bp of premium for a new €500m May 2021 ...
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