Nykredit dives into short end

27 Jan 2012

Denmark’s Nykredit said "extremely strong" market conditions pushed it to launch a two year floater on January 20, a deal bankers saw as an encouraging sign that the senior unsecured market is opening for a broader range of issuers.

"We’ve been monitoring the market to see if it would be sensible to issue," said Morten Vagnø, head of debt investor relations at Nykredit. "Over the course of the last two or three weeks, it has stayed strong, and negative news has been absorbed, so we thought this ...

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