Nordics

The council of Stockholm County, Stockholms läns landsting (SLL), signed the first ever green revolving credit facility on Friday, adding to the pair of green bonds it previously issued.

Finnish Stainless steel producer Outokumpu reduced the size of its revolving credit facility and pushed out maturities on other existing loan agreements as part of a wider deleveraging effort.

Kommuninvest is set for a hefty increase in its funding target next year — which could include a long awaited debut green bond during the first quarter.

Finnish electricity provider Fingrid increased the size of its revolving credit facility and rejigged the lending group in a refinancing deal that could provide liquidity until 2022.

Finnish retail and property company Stockmann issued an €85m hybrid bond on Thursday, after announcing the deal on Tuesday.

Finnish retail and property company Stockmann has issued an €85m hybrid capital bond, after announcing the deal on Tuesday.

Stockmann, the Finnish retail and property company, is considering a hybrid bond issue, but otherwise the corporate bond market is decidedly quiet.

General Electric has terminated an agreement to sell its appliance business to Swedish household appliance producer Electrolux, toasting bankers' plans to provide bridge financing.

ISS Global, the Danish cleaning and facility services company, on Monday raised a €500m no-grow bond, its second since winning investment grade status last year.

Scandic Hotels, the largest Nordic hotel operator, has made a limp start to trading on Nasdaq Stockholm after its Skr3bn (€326m) IPO.

The head of corporate bond syndicate at Danske Bank has left the bank to work at an investment firm.

Islandsbanki decided the time was right to pursue a long mandated senior tap on Wednesday, as Icelandic banks continue their return to the public debt markets.