DNB Bank ASA top stories

• DNB Bank diversifies into sterling with short senior print

  

  DNB Bank made the most of a favourable backdrop in the financial institutions bond market this week, selling a short-dated senior bond in sterling after recent prints in euros and dollars.

  • 05 Dec 2019

• Norway trims Entra stake to 8.2%

  The Kingdom of Norway has sold a chunk of its stake in Entra, the Norwegian real estate development company, via an accelerated bookbuild that attracted more than 200 orders, according to a source close to the transaction.

  • 03 Dec 2019

• Bank Norwegian looks to land in Nokkie or Stokkie

  Bank Norwegian has mandated a pair of banks to look into a possible Norwegian krone or Swedish krona issuance.

  • 29 Nov 2019

• People moves in brief

  • 28 Nov 2019

• DNB grabs last minute funding with tight dollar print

  DNB Bank did not require a premium to raise $2bn of short dated senior funding at the beginning of the week, as it swooped into the market ahead of the US Thanksgiving holiday.

  • 26 Nov 2019

• DNB boosts leveraged finance operation

  DNB Markets has hired a banker from UniCredit to join its leveraged finance team in London.

  • 25 Nov 2019

• BBVA and DNB work on MREL with pref senior

  BBVA and DNB Bank were both looking to build towards their minimum requirements for own funds and eligible liabilities (MREL) in the euro market on Thursday, eschewing non-preferred senior issuance in favour of the cheaper preferred senior format.

  • 07 Nov 2019

• Ferde doubles Nokkie floater size from minimum target

  Norway’s Ferde has launched a Nkr2bn (€194m) triple part floating rate green bond, with the toll operator cruising past its minimum amount target.

  • 29 Oct 2019

• Carnival cruises into still busy high grade market

  Carnival, the Anglo American cruise company, has launched a €600m 10 year trade, with the corporate bond pipeline filling fast.

  • 21 Oct 2019

• Teekay preps ‘green bond’ to fund new oil tanker fleet

  Teekay Shuttle Tankers has mandated a $150m “green bond” to fund new oil tankers built to the firm’s “e-shuttle” standards. The deal raises questions about the logic of using green-branded debt instruments to fund fossil fuel extraction.

  • 01 Oct 2019