Sweden

Kommuninvest’s long-awaited first foray into the green bond market was finally priced on Wednesday and Municipality Finance plans to follow with a green debut of its own later this year. Kommuninvest’s deal came just two days ahead of NWB Bank’s 10 year dollar deal which opens books on Friday.

LeoVegas, the Swedish mobile gambling company, shot up 44% at the start of trading after its IPO on Thursday, before losing some of its gains in the afternoon.

Kommuninvest was able to price $600m of March 2019 paper at the tight end of initial price thoughts on Tuesday, making it the largest ever green bond from a Nordic issuer.

Bank of America Merrill Lynch has hired Fredrik Reinfeldt, the former prime minister of Sweden, as senior advisor to its EMEA business.

Humana, the Swedish care provider, had by Monday morning obtained a covered book for its initial public offering, which could total up to Skr832m ($100m).

A Swedish agency is set to make its long awaited debut in the green bond market on March 15.

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Bank Nederlandse Gemeenten brought a 10 year dollar benchmark this week that sparked much debate about whether other issuers would be able to follow in the tenor. Although with a flurry of other trades this week, it is clear that other options are available once next week’s US Federal Reserve meeting is held.

Humana, the care provider, announced on Thursday its intention to float in Stockholm later this month. It is the second Swedish company to launch an initial public offering in the past week.

Swedish call centre operator, Transcom Worldwide, has changed the make-up of its bank group in an otherwise straightforward refinancing deal signed on Wednesday.

Swedbank kicked off what could be a wave of FIG floating rate notes priced above par this week, protecting issuers from a negative quarterly Euribor rate that the European Central Bank could force even lower next week.

Swedbank