September 20, 2024 11:29 GMT
CREDIT SUPPLY: Nykredit Sized Relatively Small But Priced Tight To FV
CREDIT SUPPLY
Nykredit (NYKRE: BBB+/A) final terms are MS+115bp (same as our fair value) and books above EUR1.25bn and sized at EUR500m. So, no NIC to our FV and relatively small for a bank benchmark, but >2x cover.
- “FINAL TERMS: Nykredit Realkredit EU500m Short 7Y SNP MS+115” - BBG
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