Pareto Securities Dominates Nordic HY Bond Market with Record Q1 2024 Activity

• Pareto Securities extended its leadership position in the Nordic High-Yield (HY) bond market in Q1 2024 with a market share of 31% in the overall market, a 66% market share in EUR-denominated Nordic HY bonds, and a 66% market share for private equity-backed transactions.
• The Nordic HY bond market started strong in 2024, with several significant transactions closing in the first quarter and setting a new record for activity. The total value of transactions reached EUR 4.6bn, with a total of 47 transactions completed.
• The Nordic HY bond market saw a 38% surge in total placed volume compared to Q1 2023, marking the most active period ever.
• The European HY market gained over 119% in volume, closing Q1 2024 at EUR 28bn. Similarly, the US HY market experienced growth rates of 110% compared to the same period twelve months prior, concluding Q1 2024 at USD 84bn.
• Four German issuers capitalized on the favorable market conditions offered by the Nordic Bond format, setting a new record for Q1 2024.
• Pareto Securities, founded in 1986, has a leading position in the Nordic financial markets and a strong international presence. It offers a wide range of financial services, including equity and fixed income brokerage, equity, debt and project finance, and advisory services related to mergers and acquisitions and restructuring.