Svenska Handelsbanken top stories

• High trigger AT1s bumped up to IG following Moody’s change

  

  A handful of borrowers have found their additional tier one (AT1) paper upgraded into investment grade territory by Moody’s this week, following adjustments in how the agency treats high trigger instruments.

  • 14 Jul 2021

• Kungsleden switches bank lines to sustainability metrics

  Kungsleden, a Swedish commercial property owner, has signed a Skr2.9bn (€285m) credit facility linked to sustainability targets, as lenders’ varying approaches to key performance indicators on these types of deals are once again thrust into the spotlight.

  • 12 Jul 2021

• Sweden establishes 50 year krona reference point

  Sweden became the latest European sovereign to access the ultra-long end of the curve this week as it launched its first 50 year bond, opening up the long end of the krona curve for other highly rated names.

  • 17 Jun 2021

• ABN and Svenska crown non-pref dollar debuts

  Yankee borrowers found swift execution and deep liquidity as they peppered the dollar market this week, with ABN Amro and Svenska Handelsbanken each printing debut non-preferred senior trades in the currency.

  • 11 Jun 2021

• SoftBank, Temasek anchor Sinch's €926m M&A financing

  Sinch, the Swedish cloud-based communications services company, has raised Skr9.4bn (€926m) to fund M&A opportunities following an overnight share sale anchored by major investors.

  • 25 May 2021

• Landshypotek prints covered trio

  Landshypotek Bank sold a trio of covered bonds in the MTN market this week, including its largest single tranche deal since April last year.

  • 14 May 2021

• Danske tests AT1 strength after rocky day in risk assets

  Danske Bank set a careful foot into the Reg S dollar additional tier one market this week, in the wake of a difficult trading session for global equities.

  • 12 May 2021

• Cloetta cuts commitment fees in loan refinancing

  Cloetta, the Swedish confectionery maker, has refinanced krona and euro bank debt while reducing its bank fees by halving its revolving credit facility.

  • 28 Apr 2021

• Anima takes senior funding in seven year sweet spot

  Italian asset manager Anima Holding sold €300m of senior debt against a quiet backdrop this week, having decided to target the popular seven year tenor.

  • 15 Apr 2021

• BPCE and Rabo to hit busy Aussie dollar mart

  BPCE and Rabobank are in the market for Aussie dollar senior paper, with bankers expecting a busy April as a slew of financial issuers refinance maturing bonds.

  • 12 Apr 2021