NordLB top stories

• Hanover mandates for ultra-long Schuldschein

  

  The City of Hanover is returning to the Schuldschein market with a dual tranche, long dated deal, around a year after it became the first city to issue a green Schuldschein.

  • 07 May 2019

• Covered bond MD leaves NordLB for Helaba

  The head of FIG origination and syndication at NordLB has resigned and is understood to be heading for Landesbank Hessen-Thüringen (Helaba), where he will have an expanded role.

  • 30 Apr 2019

• Denmark’s DLG heads to Schuldschein market

  Danish agricultural company Dansk Landbrugs Grovvareselskab (DLG) entered the Schuldschein market on Monday, in search of at least €100m.

  • 23 Apr 2019

• Basque Country tightens by 5bp for sustainable bond

  The Basque Government was able to tighten pricing by 5bp from initial price thoughts as it received soaring demand for its 10 year sustainable bond on Tuesday — its biggest public issue since 2009.

  • 09 Apr 2019

• SSAs price quick and tight in euros amid ‘constructive’ backdrop

  Public sector borrowers were able to achieve zero or negative new issue premiums and close books early in the euro market on Tuesday as investors piled into haven assets amid a weaker outlook for global growth.

  • 02 Apr 2019

• SSAs come out in force in euros at start of Q2

  A trio of public sector borrowers hit screens with mandates on Monday ahead of what SSA bankers say will be a busy week of supply following a glut of benchmark issuance towards the end of the first quarter.

  • 01 Apr 2019

• NordLB Lux enjoys great result for five year covered bond

  NordLB’s Luxembourg subsidiary extended its covered bond curve on Wednesday with an well received five year public sector backed deal. The bonds offered a very attractive spread for a deal from a core European jurisdiction, ensuring that demand from a diverse audience was quick to build.

  • 27 Feb 2019

• Scholz: no bad bank for Deutschmerz, NordLB rescue not state aid

  Olaf Scholz, finance minister and vice-chancellor for Germany, said that there was 'no debate' about the creation of a bad bank in a prospective merger between Deutsche Bank and Commerzbank. He also does not believe that the recapitalisation of NordLB by the association of German savings banks would contravene EU state aid rules.

  • 08 Feb 2019

• Finland and Madrid to join 10 year party

  Finland and Madrid hit screens on Monday to capitalise on the red hot appetite for euro sovereign supply in the 10 year part of the curve.

  • 04 Feb 2019

• NordLB falls below minimum capital requirements

  NordLB said at the weekend that it had welcomed an offer of an equity injection from the German association of savings banks (DSGV) and the State of Lower Saxony, as it looks to restore its capital position to above its minimum requirements.

  • 04 Feb 2019