Senior secured branding increases Nykredit appeal
Nykredit Realkredit launched a euro benchmark junior covered bond on Monday after marketing the deal as a senior secured transaction. This approach helped draw traditional covered bond buyers and credit accounts into the deal, which was priced at half the spread and with twice the orders that its last outing in the rare asset class achieved.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: