All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Ukrainian and Dubai credits break their silence

UkrSibbank and Tamweel yesterday pierced the eerie quiet pervading the European and Middle Eastern emerging bond markets, but, as neither is a typical EM borrower, little can be interpreted from these deals about the prospects for other issuers. UkrSibbank, 51% owned by BNP Paribas, yesterday priced its $250m 9.25% three year Eurobond, and Tamweel priced a Dh1.1bn five-year issue through Badr Al Islami, Dubai Islamic Bank and Standard Chartered Bank. Could this be it for new issuance until the end of the summer? Read EuroWeek on Friday to find out.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree