Sweden

One of the last two substantial European IPOs of 2016 looks set to be completed on Friday, when RussNeft, one of Russia’s 10 largest oil companies, floats in Moscow for at least $495m.

Shares in Dometic Group, the Swedish company that makes fridges and freezers for boats and camper vans, fell 3.6% on Tuesday morning after EQT has sold the last of its shares in the company, through an accelerated bookbuild that was covered in half an hour.

Nordea has appointed its co-head of markets equities Martin Persson head of wholesale banking, effective from Monday

Three corporate issuers pushed deals into a widening primary market on Wednesday with mixed results, as rates volatility kept new issue premiums elevated for borrowers.

The bounce in international equities since the election of Donald Trump as US president was widely expected by market participants to lead to a round of block trades as sellers looked to take advantage of the favourable conditions.

Swedish speciality chemicals group Perstorp priced €1bn-equivalent of high yield bonds on Tuesday, grabbing the attention of investors with triple-C paper against an uncertain backdrop.

Kommuninvest’s senior investor relations manager is expanding his role and will now head the Swedish agency’s sustainability programme.

Cable company Com Hem has been sounding investors since Wednesday for a new issue in Swedish krona to redeem its old Skr2.5bn bonds due 2019, adding Swedish momentum to the Nordic corporate high yield bond market.

Shares in Tobii, the Swedish eye-tracking technology company that floated in April 2015, rose 5% on Monday after it announced plans to raise Skr450m (€45m) in a rights issue, saying the consumer business opportunities open to it had grown faster than it expected.

The visible European high yield pipeline was empty on Monday but for Perstorp, the Swedish specialty chemical company, which is running a seven day roadshow for its dual currency all debt refinancing deal.

Shares in Ahlsell, the Swedish wholesaler of plumbing and electrical installation products, have traded strongly since its Skr6bn ($671m) Stockholm IPO, ending Thursday 13% above their IPO price.

Moody’s has assigned a provisional Aaa rating to Stadshypotek’s Danish covered bond programme. The issuer has three other programmes backed by Finnish, Swedish and Norwegian collateral. All four programmes are established under Swedish law.