EM conditions still welcoming for issuers but slip-ups are a danger

By Mariam Meskin, Oliver West, Ross Lancaster
13 Nov 2019

Emerging markets issuers are pumping out mandates, with the buy-side showing little sign yet of closing shop for the year, but investors are not throwing cash at everything.

A bond from Egypt is the week’s big deal. The sovereign mandated for a triple tranche dollar trade on Tuesday. The country has won the favour of investors and the deal, launched on Wednesday, looks set to fly in the market, and includes its longest ever bond in ...

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