Sweden
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Volvofinansbank today announced it would meet investors in Stockholm on Monday May 8 to present a framework for its inaugural green bond. The deal will be one of the few green bonds from the automotive sector. -
Medicover, the Swedish diagnostic services provider, on Tuesday joined the growing number of European companies seeking to go public before the summer, announcing its intention to float on Nasdaq Stockholm.
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A $120.6m borrowing to support an acquisition by Indian company Tata AutoComp Systems was signed this week, with 16 lenders joining the two mandated lead arrangers and bookrunners.
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Crédit Agricole issued one of three euro benchmark covered bonds this week, attracting demand that topped the combined interest seen in deals issued by Swedbank and HVB.
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Sweden’s Hoist Kredit could test the euro market for a new tier two offering in the coming weeks, as it aims to improve its capital structure through a number of capital markets transactions.
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Swedbank took advantage of strong market conditions to issue its second covered bond of the year which was priced with a negligible concession and extended its curve.
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Market participants were unimpressed by the European Union's effort at the long end, but the week's other benchmarks fared better.
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Swedish Export Credit Corporation (SEK) has returned to sterling for a tap of a December 2020 line, as investors’ confidence in the currency grows.
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Two European IPOs reached conclusions on Friday, March 31. That of Ambea was heavily oversubscribed, while UniEuro's had to be shrunk and restructured to get it over the line.
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Issuer Rating: Baa1/A-
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Donald Trump’s presidency may be the most unknown commodity to hit markets since ancient alchemists started hawking something called 'bronze' to befuddled cavemen, but his stone-age political manoeuvring has smoothed the future path of public sector borrowing.
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