G-255 USD New Issue Supply with Trading Indicators for August 20, 2025

Nordea Bank (NDAFH, Aa3/AA-)

Issue IPT Model Indicator

$5Y FRN Sr. Pref DM 70

$5Y Fixed Dr. Pref +75 +47/5Y

Issuer is re-levering

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Athene Global (ATH A1, A+)

Issue IPT Model Indicator

$10Y Sr Secured 150 +118/10Y

Issuer is re-levering

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