Latest news with #Nordea
Yahoo
2 days ago
- Business
- Yahoo
SalMar – Mandate announcement for additional green bonds
SalMar ASA ('SalMar'), rated BBB+/Negative by Nordic Credit Rating, has issued NOK 1,000 million in a 8-year fixed tranche and 500 million in a 7-year floating rate tranche. The new senior unsecured green bonds are priced with fixed and floating rate coupons at 5.15% (equivalent to a floating rate of 3mN+143bps) and 3mN+135bps per annum, respectively. An application will be made for the bonds to be listed on Oslo Stock Exchange and settlement date is set to 22 August 2025. Nordea acted as Sole Lead Manager for the transactions. In conjunction with the new bond issuances, the company is contemplating to offer NOK 500 million in additional bonds in the 7-year tranche. The transaction is subject to inter alia market conditions. Nordea, Danske Bank, DNB and SEB are acting as Joint Lead Managers for the transactions. For further information, please contact: Håkon Husby, Head of Investor Relations Phone: +47 936 30 449 E-mail:
Yahoo
2 days ago
- Business
- Yahoo
SalMar – Successful tap issue of new green bond
Reference is made to the stock exchange message published earlier today, 15 August at 10:00 CEST. SalMar ASA ('SalMar'), rated BBB+/Negative by Nordic Credit Rating, has today, successfully issued additional NOK 500 million in their new 7-year senior unsecured green bond. The bond carries a floating rate note of 3mN+135bps per annum and the issue was priced at 100% of par. SalMar has as such, issued in total NOK 1,000 million through a fixed 8-year tranche and NOK 1,000 million through a floating 7-year tranche. An application will be made for the bond to be listed on Oslo Stock Exchange and settlement date is set to 22 August 2025. Nordea, Danske Bank, DNB Carnegie and SEB acted as Joint Lead Managers for the tap issue. For further information, please contact: Håkon Husby, Head of Investor Relations Phone: +47 936 30 449 E-mail:
Finextra
22-07-2025
- Business
- Finextra
Nordea taps Mynt to roll out an expanse management system for SMEs across the Nordics
Swedish fintech Mynt has been selected by Nordea, the largest bank in the Nodics, to launch a business credit card and spend management service for small and medium-sized enterprises (SMEs) across Sweden, Norway, Denmark and Finland. 0 Set to go live in 2026, the partnership combines Mynt's modern spend management infrastructure with Nordea's pan-Nordic platform to deliver a white-labelled digital toolset for SMEs across the Nordics. The offering will encompass an all-in-one business card and expense management product, equipped with automated receipt handling, real-time spend controls, ERP integrations, and full accounting automation. The new solution will cover the full lifecycle of business spend - from onboarding and KYC/AML compliance to live reporting and seamless exports to accounting software. Prior to automation, processing a single expense report could take anywhere from 20 to 45 minutes across entry, correction and approval. With Mynt's technology, the same task takes just 30 to 120 seconds, according to the company's own estimates - a 95% reduction in admin time. Baltsar Sahlin, Mynt CEO and co-founder, comments: 'By embedding Mynt's spend management platform directly into Nordeas offerings, we are reshaping how banks support business customers across Europe. Together we are facilitating an efficient, modern and accessible financial solution for SMEs. One that saves time, reduces admin and allows them to do what they do best: grow and deliver for their consumers.' For Mynt, the partnership marks its first major bank integration and a key step in its broader European expansion. It also follows a recent €22 million Series B funding round led by Vor Capital, with participation from Visa.
Bloomberg
22-07-2025
- Business
- Bloomberg
Nordea Signs Contract With Swedish Startup Mynt for SME Platform
Nordea Bank Abp has enlisted the services of Mynt AB, a Swedish startup offering white-label products for the financial services industry, to improve its platform for small and mid-sized companies in the Nordic region. The startup's technology will be embedded into Nordea's so that SME clients can better manage processes around company cards, reimbursements and accounting, according to Mynt Chief Executive Officer Baltsar Sahlin.
Reuters
17-07-2025
- Business
- Reuters
Swedbank net profit beats forecast amid market uncertainty
STOCKHOLM, July 17 (Reuters) - Swedish banking group Swedbank ( opens new tab reported a net profit for the second quarter that beat market expectations on Thursday but said the global economy remained marked by uncertainty with weakening activity in its main market Sweden. The bank said in a statement its net profit for the period fell to 7.89 billion Swedish crowns ($810 million) from a year-ago 8.60 billion but came in above a mean forecast of 7.18 billion in a LSEG poll of analysts. Sweden's biggest mortgage lender published its results shortly after regional peer Nordea ( opens new tab delivered a beat on earnings while domestic rivals SEB ( opens new tab and Handelsbanken ( opens new tab presented their reports on Wednesday. Nordic banks have seen central bank rate cuts across the region weigh on interest over the past year while uncertainty over U.S. tariffs and any European retaliation has clouded the outlook for lenders and the economies they serve. "In general, I'd say there's not exactly a wet blanket (over markets) but rather a wait-and-see attitude," CEO Jens Henriksson said in a conference call with reporters. Swedbank said its net interest income, which includes revenues from mortgages, fell to 10.92 billion crowns from 12.17 billion a year earlier, narrowly topping the 10.90 billion seen by analysts. ($1 = 9.7352 Swedish crowns)
