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Finland 5Y Mandate In Line With MNI Expectations

EGB SYNDICATION

Finland announces it has mandated BofA Securities, Credit Agricole, Danske Bank, JPMorgan and Nordea to lead manage a E3bln (no-grow) 5Y benchmark syndication, with 15 Sep 2026 maturity.

  • "Expected to be launched in the near future subject to market conditions" - likely tomorrow.
  • This is in line with MNI's outlook (in our Eurozone Issuance Deep Dive: August 2021) for Finland being the only eurozone country likely to hold a syndication during August.
  • We had pencilled in a 5Y RFGB with E3bln size.

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