Danske wins strong demand for MREL trade in Norwegian kroner

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By Frank Jackman
04 Mar 2019

Danske Bank has turned to the Norwegian krone market to raise non-preferred senior debt, following closely behind a recent transaction in euros.

Danske Bank, DNB Markets and Nordea led the five year dual-tranche issue for the Danish lender on Monday.

The lead managers had attracted more than Nkr2.4bn ($280m) of orders by 11am in London and they closed the books just under three hours later, with orders approaching Nkr3.5bn.

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