The first half of 2021 has been red-hot in terms of new IPOs. Danske Bank headed up the largest sale of shares ever in Denmark alongside US firm Morgan Stanley when Tryg raised DKK37bn to buy RSA’s Nordic assets.
The record deal has boosted revenues, but Danske Bank has also been busy with other transactions, taking part in five IPOs across the Nordics in a single week in May, for example, which is sometimes the number of IPOs in a whole year.
“The market is hyperactive for everyone, but we have managed to climb to the top,” says Atilla Olesen to Børsen. He is head of Investment Banking & Securities at Danske Bank and puts the success with IPOs down to Danske Bank having a very experienced team in place.
Danske Bank first choice for Nordic IPOs
Danske Bank has helped raise more share capital than any other bank in the Nordic region in 2021 – according to a market survey quoted by Danish business daily Børsen that shows Danske Bank has raised more than DKK30bn so far this year.