Blowout Swedbank deal heralds the start of a busy AT1 refi season
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Blowout Swedbank deal heralds the start of a busy AT1 refi season

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Swedbank was supported with 14 times as much demand as it needed for a $500m additional tier one bond on Thursday, helped by falling interest rates in the US. The deal could be the first of many from European banks, which are facing up to a busy call schedule for AT1s in 2020.

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