Senior Bondholders Added to Bail-In Buffer in Danish Experiment

  • Nykredit’s senior resolution notes a Nordic first, Fitch says
  • Robeco Nederland is looking into investing in Nykredit note

Denmark’s biggest covered bond issuer plans to sell an entirely new type of senior unsecured debt, paving the way in Scandinavia for an asset class designed to ensure investors bear the cost of the next financial crisis.

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