AMWatch

Risk-on Nordic credit market sparks rebound in junk bonds

A strong recovery in the Nordic bond market throughout the summer is paving the way for renewed sales in the riskiest type of debt.
Nordea’s head of syndication, Povl Bak-Jensen, says debt capital markets are now looking “very receptive” toward borrowers and cites last week’s hybrid offering from Finland’s national carrier Finnair Oyj as a case in point. | Photo: PHIL NOBLE/REUTERS / X01988
Nordea’s head of syndication, Povl Bak-Jensen, says debt capital markets are now looking “very receptive” toward borrowers and cites last week’s hybrid offering from Finland’s national carrier Finnair Oyj as a case in point. | Photo: PHIL NOBLE/REUTERS / X01988
By Leo Laikola / BLOOMERG

Nordea’s head of syndication, Povl Bak-Jensen, says debt capital markets are now looking “very receptive” toward borrowers and cites last week’s hybrid offering from Finland’s national carrier Finnair Oyj as a case in point.

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