Ukraine ploughs ahead as others back off
Primary CEEMEA bond volumes remain healthy but this week’s more volatile market is forcing some issuers to back away. Ruspetro postponed its bond after releasing double digit price guidance and Novatek has also decided to delay its Eurorouble deal.
But other issuers are ploughing ahead Ukraine got away a $1bn tap of its 2012s on Monday, though it paid a 25bp new issue premium, while Phosagro and Vimpelcom have released price guidance for new bonds.
There has been no update on Hungarys new issue, though that was
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