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  • Shinsei Bank, the troubled Japanese lender, is set to sell ¥9bn ($67m) of preferred securities in an attempt to boost its tier one levels for the second time this year.
  • FIG
    Investors piled into a Eu500m hybrid tier one issue for Skandinaviska Enskilda Banken (SEB) this week as appetite for deeply subordinated bonds showed no signs of abating. It left some bankers and investors worried that the market has tightened too far.
  • FIG
    Skandinaviska Enskilda Banken (SEB) has amassed orders of Eu6bn for its hybrid tier one issue which could price as early Thursday, said banks leading the deal.
  • FIG
    Skandinaviska Enskilda Banken (SEB) has opened order books for its euro denominated hybrid tier one this morning and is expected to price its deal before the end of the week according to lead managers BNP Paribas, Credit Suisse and Goldman Sachs.
  • FIG
    Caixa Geral de Depósitos has offered to buy back “any and all” of a pair of its Eu110m upper tier two bonds both callable on December 18 2012 the bank said yesterday.
  • FIG
    Skandinaviska Enskilda Banken AB (SEB) is to launch a new euro denominated hybrid tier one issue via BNP Paribas, Credit Suisse and Goldman Sachs in an effort to improve the quality of its capital. The bank it also seeking to buy back two dollar tier one issues.