SEB
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Credit Suisse and Achmea Bank both launched successful fixed rate notes on Tuesday while Skandinaviska Enskilda Banken’s floater struggled to attract a good level of demand.
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Credit Suisse and Achmea Bank both launched fixed rate notes on Tuesday while Skandinaviska Enskilda Banken’s successful floater proved the format’s value in uncertain markets. -
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One of the biggest borrowers in the public sector capital markets is gearing up to test demand in the belly of the euro curve, two days after a less than ecstatic investor response to a 10 year from Finland.
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Public sector benchmark issuance snapped back after extreme volatility in credit and equity markets early this week, but bankers are concerned about the depth of demand in the currency.
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Finland priced a €3bn 10 year deal a day after global markets were rocked by a big sell-off in Chinese equities. But the investor response to the deal had some bankers saying the issuer should have waited.
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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.
