trending Market Intelligence /marketintelligence/en/news-insights/trending/kuggNPWX70YiWPgmciWk7g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Nordea prices AT1 bond with record-low coupon

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Nordea prices AT1 bond with record-low coupon

Nordea Bank AB (publ) issued €750 million of Additional Tier 1 notes with a record-low coupon of 3.5%, it said Nov. 22.

The offer was 7x oversubscribed, the bank noted. It also said investors in outstanding AT1 and Tier 2 instruments had approved changes to the conditions of their notes related to the pending relocation of the bank's headquarters to Finland from Sweden.

The notes had initially been marketed with a 4% coupon, the Financial Times reported.