Nordea top stories

• Sagax and Great Places mandate as ECB looms

  

  Sagax, the Swedish commercial property company, and UK social housing firm Great Places have mandated for sub-benchmark sized deals, in what is likely to be a curtailed week for issuance in the corporate bond with a European Central Bank meeting on Thursday.

  • 18 Jan 2021

• IG corporate issuance ramps up

  The high grade corporate bond market was again packed with deals on Wednesday, with syndicate bankers expecting no let-up in activity and the week to end on a bang.

  • 13 Jan 2021

• Volvo Cars shifts green drive up a gear with sustainability loan

  Volvo Cars, the Chinese-owned Swedish auto maker, has refinanced its main bank revolver with a €1.3bn sustainability-linked revolving credit facility, as the borrower looks to become climate neutral by 2040.

  • 13 Jan 2021

• Nokkie double for MuniFin

  Finland’s Municipality Finance has had a busy week in the Norwegian krone market, as demand from domestic bank treasuries for high quality liquid assets (HQLA) drove a pair of floating rate notes in the currency.

  • 12 Jan 2021

• Huhtamaki takes sustainability loan as single-use plastics outlawed

  Huhtamaki, the Finnish food packaging company, has refinanced a €400m facility, with the borrower becoming the latest to add sustainability metrics to its main bank line as an EU ban on single-use plastics comes into force.

  • 08 Jan 2021

• SBB pays negative concession on social and hybrid duo

  Samhällsbyggnadsbolaget i Norden (SBB), the Swedish social housing company, ploughed through fair value on Tuesday with a debut social bond and return to the hybrid market, as tightening spreads encourage investors to keep their wallets open deeper into December.

  • 08 Dec 2020

• Nordea AM delivers stunning covered bond return

  Henrik Stille, senior portfolio manager at Nordea Asset Management, talked to GlobalCapital about the covered bond market and the incredible returns that his strategies have delivered this year, from traditional long-only solutions to innovative leveraged alternatives.

  • 08 Dec 2020

• SBB keeps corporate sleigh ride going with hybrid and social bonds

  Samhallsbyggnadsbolaget i Norden (SBB), the Swedish social property company, has hired banks for €1bn of new deals made up of a hybrid note and debut social bond, as risk appetite remains strong even heading into the middle of December.

  • 07 Dec 2020

• Italy prints bumper private floater

  Italy returned to the private placement market to print one of the year’s largest MTNs on Thursday. The deal stood out this week, since issuance in the market has started to wind down ahead of Christmas.

  • 27 Nov 2020

• Niche bank trio met with bumper demand

  Sub-benchmark deals are not so much of a novelty anymore: a trio of rare names filled their boots with diminutive deals this week, with each attracting bumper demand.

  • 26 Nov 2020