Pareto Securities Dominates Nordic HY Bond Market in Q1 2024

On April 19, 2024, Pareto Securities reported a substantial increase in its market share within the Nordic High-Yield (HY) bond market for the first quarter of the year. The rising activity saw the total transaction volume hit EUR 4.6 billion across 47 deals. This marks a significant 38% increase from Q1 2023, reflecting the vibrant conditions in the European and US HY markets as well.

The German market specifically showed notable progress, with four issuers capitalizing on the Nordic bond format, a record for the first quarter. Pareto Securities secured a 31% market share in the overall Nordic HY bond market and dominated both the EUR-denominated segment and private equity-backed transactions with a 66% share each.

The financial landscape in the Nordic region was bolstered by continued strong net inflows into high-yield funds and a stable macroeconomic environment, fostering a robust platform for both new entrants and established entities for refinancing. Pareto's involvement in significant dealings underlines its leadership, with successful placements for major German entities, continuing the firm's growth trajectory into 2024.