Sweden

Tuesday and Wednesday brought a pair of private equity block trades following first quarter results, but nothing to match the fireworks of Monday night, when Credit Suisse placed £1bn of stock in SABMiller for Kulczyk Investments at a 0.88% discount.

Nynas, the Swedish bitumen and speciality oils producer, has signed €650m of loans in an oversubscribed deal with six banks.

Bookbuilding has begun for three Nordic IPOs, continuing a strong run from the region, which has produced 12 completed IPOs so far in 2016, out of 51 altogether in EMEA.

TriOptima, the over-the-counter post-trade service provider, has completed what it said was the first compression cycle for cleared Swedish Krona interest rate swaps.

Covered bond borrowers in the UK, Sweden, France, New Zealand and the Netherlands met with strong receptions for their transactions this week, which collectively raised nearly €6bn.

The short end of the dollar curve is enjoying a purple patch, with public sector borrowers drawing big books and pricing with much lower new issue premiums than earlier in the year.

Caisse Française de Financement Local (Caffil) and Länsförsäkringar Hypotek (LF Hyp) got strong receptions for their covered bonds on Tuesday as investors had plenty of fresh money to put to work at the start of what is likely to be a relatively dry quarter.

SBAB Bank printed its first euro fixed rate senior bond since 2013 on Monday, raising €500m of May 2021 notes at the start of what market participants believe could be a busy week for FIG supply.

Humana AB, the Swedish company that provides care for the elderly, disabled and mentally ill, traded up 19% on its Stockholm debut on Tuesday, but fell back on Wednesday.

Humana AB, the Swedish company that provides care for the elderly, disabled and mentally ill, is set to begin trading on Nasdaq Stockholm on Tuesday morning, after completing a successful IPO of about Skr832m ($100m).

Lundin Petroleum, the Swedish oil and gas exploration company, has increased the size of its reserve-based bank facility and signed a short-term credit facility agreement to protect itself from further oil price volatility.

Orkla, a Norwegian supplier of branded consumer goods, sold 11.94m shares in Swedish aluminium firm Gränges on Thursday, through an accelerated bookbuild that raised Skr824m ($100m).