SEB top stories

• Northvolt loan facility kick-starts European gigafactories

  

  Northvolt, the Swedish battery maker, has signed a $1.6bn credit facility. A range of lenders — from commercial to governmental — piled into the deal, which will effectively create a new industry in Europe.

  • 30 Jul 2020

• Investors ask whether fears over AT1 calls are ‘overdone’

  The additional tier one market is putting too much emphasis on the risk that banks will try and extend the lives of their bonds, according to Atlanticomnium, suggesting there is plenty of room for the asset class to rally this year.

  • 27 Jul 2020

• Covid-19: SSA response bonds

  Sovereign, supranational and agency bond issuers are mobilising their resources to support the fight against Covid-19. The below table details the bonds they have issued, specifically in response to the coronavirus pandemic.

  • 27 Jul 2020

• Lower provisions help Nordic banks in Q2 results

  Smaller loan loss provisions and high capital ratios have helped Nordic lenders to kick off European bank earnings season in a positive fashion. But analysts are cautious about drawing any conclusions for the rest of the sector.

  • 23 Jul 2020

• UniCredit gathers strong demand as new deal window opens

  UniCredit attracted plenty of demand for a €1.25bn sale of non-preferred senior debt in euros on Wednesday, as issuers took advantage of strong funding conditions ahead of the summer period.

  • 15 Jul 2020

• Sweden selects maturity range and banks for debut green bond

  The Swedish National Debt Office has selected the maturity range for its debut green bond and the banks that will lead the transaction, which will take place via syndication in August.

  • 14 Jul 2020

• Borregaard latest Norwegian to sign sustainability loan

  Borregaard, the Norwegian paper and chemicals company, has signed sustainability-linked credit facilities totalling Nkr1.5bn (€140m), days after Klaveness brought the loan structure to Norway’s shipping industry.

  • 09 Jul 2020

• Deutsche Bahn steams into niche

  Deutsche Bahn tapped the Kangaroo and Swedish kronor markets on Wednesday after having spent the first half of 2020 focused on the euro market.

  • 02 Jul 2020

• No NIP for Sparebanken Vest on green debut in covereds

  Sparebanken Vest Boligkreditt did not need to offer any premium to investors to complete its debut sale of green covered bonds on Wednesday. The deal adds to a recent flurry of socially responsible investments, which are offering financial issuers very competitive terms.

  • 01 Jul 2020

• Corporates light up bond market in run-up to blackouts

  Europe’s investment grade corporate bond market acquired a more cheerful tone on Tuesday, with new issues well oversubscribed, despite quickly shifting sentiment.

  • 30 Jun 2020