Sweden
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◆ Swedish issuer starts tight ◆ Deal lands close to recent SSA supply ◆ Seven year tenor offers investors something different
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◆ Both deals almost four times covered ◆ Pair tightened by 7bp ◆ Next to no premium paid for either bond
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◆ Some premium paid ◆ Cautious investors 'stay in the book' ◆ Swedbank was 'the right name' amid volatility
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The company's decision to replace its facilities follows an investment grade rating and bond issue
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◆ Deal lands flat to recent Pfandbriefe ◆ No concession needed ◆ Tight domestic spreads drive Nordic investors towards euro prints
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Swedish agency plans to tap dollars in March at the earliest
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Swedish company presented first major results test in troubled auto sector
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◆ Longest trade in euros for SEK ◆ Book almost three times covered ◆ Rarity helps with tight pricing
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Executive has worked for the bank since 1998
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The company was divested by its Chinese parent in October 2024
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◆ LF Bank finds 'some resistance' to spread tightening ◆ Big divergence on FV ◆ Novo Banco spread 'astonishing'