Three mandate but mBank delays before roadshow

Three CEEMEA issuers announced this week that they were meeting investors as the low rates environment continues to attract borrowers to the market. But after the lead managers on deals from Emirates NBD and Brazil’s Votorantim in euros failed to tighten pricing from initial guidance levels, there are questions over market appetite. On Thursday evening one of the issuers postponed, saying they would “re-engage with investors later”.