Nordic duo relishes ‘impressive’ reception in senior market

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By David Freitas
12 Feb 2020

Nordic banks Länsförsäkringar Bank (LF Bank) and Landsbankinn were able to offer “attractive value” in the preferred senior market this week, amid a general hunt for yield among credit investors.

LF Bank picked Barclays, Deutsche Bank, Goldman Sachs, NatWest Markets and Nordea to run the books on a preferred senior offering on Wednesday morning.

The Swedish lender had chosen a five year maturity and a minimum size of €500m for its securities.

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