Nordics
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The board of directors of SRV Group, the Finnish construction company, has decided on the terms of the firm’s €50m rights offering. -
Pohjola Bank changed direction to issue tier two debt in Swedish kronor on Tuesday, after being kept out of the euro market in the second quarter.
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SEB’s head of corporate finance will be leaving after nine years with the bank to work for a private equity firm in Stockholm, with SEB looking internally and externally to fill his job.
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Swedbank’s sharp five year floater was the only FIG supply in euros this week, but bankers believe the market will only suffer a short summer drought before supply ramps up this month.
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Stadshypotek became the second Swedish bank this year to issue a sterling floating rate covered bond, pricing its deal in line with Canadian issuers.
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Finnish sporting goods company Amer Sports issued its second Schuldschein loan for $55m to meet demand from investors left out of its first deal.
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Nordea Bank has appointed a new chief executive and chief operating officer, with Christian Clausen set to step down in November.
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Swedbank kept euro denominated FIG supply ticking over with a five year floater on Tuesday, but bankers said the deal’s small oversubscription would do little to convince others to pull the trigger this week.
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KommuneKredit could branch out into more niche currencies after receiving an enthusiastic response for its inaugural Canadian dollar benchmark.
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KommuneKredit priced its first Canadian dollar benchmark in line with guidance this afternoon after increasing the deal in response to strong central bank demand.
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A European issuer is about to bring the first three year Maple bond in two years, after several moving parts moved into place to make the deal possible.
