Sweden
-
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.
-
Goldman Sachs sold a Skr2.4bn ($281m) block of B shares in Loomis on Wednesday. The Swedish cash handling firm took a serious hit in trading the next day.
-
Swedbank was set to price a three year floating rate note well above par on Thursday, potentially limiting demand but showing the way for other borrowers in a era of negative rates.
-
3i and BNP Paribas, two of the largest shareholders in Eltel Networks, launched a block trade for 15% of the business on Thursday night.
-
The Swedish National Debt Office has revised downward its forecast for foreign currency bond issuance in 2016 and 2017 after receiving higher than expected tax payments.
-
The Swedish National Debt Office has revised downward its forecast for foreign currency bond issuance in 2016 and 2017 after receiving higher than expected tax payments.
-
Multiple FIG bonds hit the primary market for the first time in a month on Monday as European bank stocks continued their rebound to ease the pressure on borrowers.
-
Catena Media floated on Nasdaq First North Premier on Thursday, after completing an initial public offering that valued the firm at Skr1.698bn ($200m). By 3pm, its share price was up 15.5%.
