Swedbank’s invests in its’ Debt Capital Markets division – Establishes EUR syndicate and announces Head of EUR Bond Sales

Swedbank Debt Capital Markets (DCM), part of Large Corporates & Institutions (LC&I), has recently increased its focus on EUR new issues by establishing a EUR syndicate function headed by Per-Åke Nyberg. This year, Swedbank has acted as Lead Manager for a number of EUR issues such as Volvo, BNP Paribas Autonoria and Stockmann.

Most recently, Swedbank acted as one of the Lead Managers for Stockmann’s debut EUR issue.

“It was strategically important for us that our debut issue was well received in the bond market, and we are pleased with the terms and conditions for our new issue”, says Pekka Vähähyyppä, CFO of Stockmann. “There was a lot of interest in the market for the issue”, he adds.

“As a leading player in the SEK/NOK primary market, Swedbank has waited for the right opportunity to establish a strong EUR bond practice. By doing so, Swedbank can utlise its already strong distribution capacity for EUR bonds. We have recently beefed up our team with new hires from Barclays Capital and BNP Paribas, a testament of our ambition to take a strong position in this area”, says Elisabeth Beskow, Global Head of DCM.

Swedbank’s EUR bond effort is headed by Per-Åke Nyberg, Head of EUR Syndicate, Christine Wahlsten, Head of Debt Capital Markets Finland and Simon Banfield, Head of EUR Bond Sales.

For further information, please contact:
Elisabeth Beskow, Global Head of DCM, LC&I, Swedbank, phone: +46 709 200 839
Sara Christensen, Head of Communication, LC&I, Swedbank, phone: +46 709 376 867.