Swedbank AB top stories

• 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

• Sterling investors favour yield in busy start to June

  The sterling market has started June in the same way it finished May: busy. But investors are clearly stating a preference for yield, with demand for tier twos far outstripping the interest in senior unsecured deals.

  • 03 Jun 2021

• Swedbank keeps sterling investors busy with green debut

  Swedbank was looking to price its first sterling green bond on Tuesday, as foreign funders find plenty of reasons to diversify into the currency.

  • 01 Jun 2021

• Senior trio price tightly in euros

  A trio of senior borrowers paid minimal new issue premiums in euros this week as Swedbank and AIB Group tapped a sweet spot of demand for bail-inable debt, while Macquarie got attractive pricing compared to its dollar curve.

  • 13 May 2021

• Swedbank EUR1bn 0.3% 6NC5 bail-in green

  • 13 May 2021

• Macquarie lands tight in euros

  Macquarie shed over a third of its order book on Wednesday as it priced its third euro deal in 18 months at what was deemed a “very tight” level. It was joined in the senior market by Swedbank, which was issuing its first callable non-preferred bond.

  • 12 May 2021

• Banks hold off issuing amid volatility in equities and rates

  The financial institutions bond market in euros was on hold on Tuesday, as European issuers saw no reason to rush into doing deals while global equities were selling off and interest rates were being buffeted by expectations of inflation.

  • 11 May 2021

• Green sheen helps AIB senior print

  Allied Irish Banks (AIB) sold its sophomore green bond on Monday, printing €750m of senior paper at a spread flat to fair value and close its Irish peers.

  • 10 May 2021

• 'Greenium' exists for IG corps even at sub-benchmark sizes

  The demand for sustainability-linked bonds was laid bare on Thursday, as French minerals company Imerys’s SLB commanded more than double the demand of Swedish property firm Sagax’s conventional trade, despite both deals sharing major similarities.

  • 06 May 2021

• Joules gets ESG loan as European banks focus on mid-market

  Joules, the UK outdoor clothing company, has signed a £34m ESG-linked loan package, as European lenders throw more effort into making socially conscious borrowing attractive to smaller borrowers.

  • 06 May 2021