Sp Mortgage Bank plans second benchmark after roadshow
In brief: Sp Mortgage Bank is planning only its second benchmark covered bond next month, after a roadshow in the second week of October.
The Finnish issuer has mandated BNP Paribas, LBBW and Nordea to arrange investor meetings taking in Germany, Luxembourg, Denmark, Austria and Finland.
Sp Mortgage Bank sold its debut benchmark in November 2016, a Eu500m five year.
The issuer is the covered bond funding vehicle of the Finnish Savings Banks Group.
Only three other Finnish benchmarks have been launched this year, the last a Eu1bn 10 year for OP Mortgage Bank on 30 May.
