SEB

Austria is to print a 10 year benchmark as investor sentiment rebounded after a torrid time last week as BNG priced a seven year bond.

Sanoma, the Finland headquartered media and publishing company, has retained support from its relationship banks in a €500m refinancing deal. But two banks did not return, as the group sought to slim down its syndicate.

Swedbank and SEB this week launched deals that attracted the largest order books and the widest distribution of any covered bonds issued this year, along with the smallest concessions.

Crédit Agricole issued the one and only covered bond of the week on Thursday and showed that it is possible to get a strong outcome in a tough market.

Chemical tanker firm Ardmore has issued a bullish outlook for the tanker sector after agreeing a streamlined loan refinancing package. This will come as good news for loans bankers in the Nordic region, who are hoping event-driven deals will start to take the place of refis after a disappointing 2015.

Swedish telecommunications company Tele2 has retained all of the original lenders as it refinances a €800m revolving credit facility.

European Investment Bank (EIB) sold its first Climate Awareness Bond denominated in Swedish kronor for the year on Monday, printing a five year note, after selling its first green bond in euros for 2016 on January 5.

Huhtamaki, the Finnish food and drink packaging maker, has refinanced a €400m revolving credit facility and extended the tenor by a year.

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.

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

Zumtobel, the Austrian lighting manufacturer, made one change to its seven bank syndicate in a €500m loan refinancing.

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