Bankers have predicted that Enskilda Securities' sale of Nkr3.2bn (€390m) of stock in one of its own shareholders could be the first in a string of quick-to-market equity issues in the Nordic region.

Enskilda used an accelerated bookbuild to sell 20 million shares in Orkla, the Norwegian conglomerate, on behalf of Aker RGI, the fishing and shipping group. Orkla owns 20% of Enskilda.