Finland
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The company has refinanced and increased its loan by another €100m
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◆ Textbook tightening ◆ Stable conditions open up market ◆ 60% of funding expected to come by June
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Spreads over Treasuries are tight but hope is that ‘others will follow’
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◆ Finnish deal delivers size ◆ Trade already spotted tighter in secondary ◆ Finnish supply lagging 2024 year to date
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◆ A3 rated name opens wider than BBB euro debutant Galderma ◆ Rewarded with big, sticky book ◆ Attrition still clear in other trades
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◆ Three IG corporate issuers snag more than €12bn of demand ◆ Whipsawing rates do little to dent appetite ◆ Yield hogs: Harley-Davidson tightens spread by 45bp
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'One can definitely see the attraction to investors,' says issuer
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◆ Gigantic book for Spain ◆ Finland also soared on demand ◆ Austria or Germany next?
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◆ 'Extremely strong' euro market ◆ Trump inauguration creates good window? ◆ Relative values drive book
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Finnish company grows banking group from one to six
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Bund-swap moves will put tight Nordic spreads under pressure next year
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Rented housing company refinances loan due this month