Swedish capital ratios to suffer from mortgage rule change

Swedbank announced in its results on Tuesday that a proposal to change the regulatory treatment of Swedish mortgages would lower its common equity tier one (CET1) ratio. The rule change will also take Swedish banks’ additional tier one (AT1) bonds closer to their trigger levels.

• 24 Apr 2018

Blackstone underwrites Swedish developer's Skr1bn rights issue

D Carnegie & Co, Sweden's largest listed residential property developer, is raising capital through a rights issue to expand is investment and development opportunities.

• 01 Mar 2018

UBS: Basel shortfalls could be ‘closed in 3 years’

The Basel III reforms will create a 4% capital shortfall across the banking sector that could be covered in close to three years, according to analysts at UBS.

• 11 Dec 2017

Bank capital the next step for green after senior success

Banks have ramped up their use of green senior bonds in the fourth quarter of 2017, with many of their latest offerings sporting fantastic results in terms of pricing. But, as Tyler Davies reports, European financial institutions have yet to mix the principles of green finance with the tenets of bank capital — an experiment that could be even more beneficial for everyone involved in the growing green bond market.

• 09 Nov 2017

Swedbank shows power of green with stick-thin pricing

A debut green bond from Swedbank this week was the clearest indicator yet that green bonds can price more tightly and outperform the rest of the FIG debt market, including perhaps covered bonds, writes Jasper Cox.

• 02 Nov 2017

Swedbank EUR500m 0.25% Nov 22 green

• 02 Nov 2017

Green investors take senior to new low

Green investors piled into Swedbank’s €500m senior offering, grinding the spread to the tightest level for a five year fixed senior bond since the financial crisis. Elsewhere, the covered market remained strong in secondary, while securitization investors are set to make a judgement on UK credit.

• 01 Nov 2017

Norway’s Aker raises Nkr4.1bn to fund acquisition

Oslo-listed oil and gas exploration firm Aker BP raised Nkr4.1bn ($500m) through an accelerated bookbuild, to fund its acquisition of Hess Norge, the owner of two Norwegian oil fields.

• 31 Oct 2017

Swedbank laps up demand for tightest green euro spread of 2017

Swedbank set tight final terms for its €500m five year senior green bond on Monday, as the Swedish lender followed green debuts from Nordea and Skandinaviska Enskilda Banken (SEB) earlier this year.

• 30 Oct 2017

Swedbank to join green universe with senior roadshow

Swedbank is the latest issuer to unveil a green bond framework, with a roadshow for the first deal to take place between Wednesday and Friday next week.

• 19 Oct 2017