Sparebanken Norge Boligkreditt
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The Norwegian bank is planning to issue 'in the near future' its first covered bond since September 2024
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◆ Spread was tightened by 5bp through execution ◆ Order book was ‘high quality’ says banker ◆ Norweigan bank's first covered since October
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◆ Trade the first since merger in May ◆ New name appeals to sticky investors ◆ No concession needed to secure size
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Deal will be the first since the Sparebanken Vest and Sparebanken Sor merger