trending Market Intelligence /marketintelligence/en/news-insights/trending/cVIHDxLvVOsRc2CgF9iGdw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Nordea Bank prices $1.25B convertible bond

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Nordea Bank prices $1.25B convertible bond

Nordea Bank Abp priced a $1.25 billion, fixed-rate Additional Tier 1 convertible bond as part of its medium-term note program.

The notes, which were fully subscribed via private placement and will be issued at a price of 100%, will carry a coupon of 6.625% until the first reset date of March 26, 2026, after which the coupon will be reset every five years.

It will convert into shares in Nordea if the bank's common equity Tier 1 ratio falls below 5.125%, and the settlement is due March 26.

The company said the notes will help it to retain its capital position and to leverage market conditions.