PKO BP brings first non-sovereign CEEMEA deal
PKO Bank Polski built a €2bn book for its €500m five year bond on Thursday, kicking off CEEMEA non-sovereign bond issuance for the year. The deal was priced at 115bp over mid-swaps, the tight end of final guidance of 115bp-120bp.
Citi, Santander, SG CIB and UBS arranged the deal.
“There was a lot of appetite for investors to see something different to the parade of sovereign borrowers that have dominated the CEEMEA primary bond market so far this year,” said one emerging markets syndicate official in London. “Though
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