Sibur mandates for dollars as EM preps for corp supply
Emerging market investors are anticipating a wave of corporate and FIG issuance from across the CEEMEA region, which they say will be welcomed with open arms. Russian petrochemical company Sibur is the latest such borrower looking to being a new bond, hosting investor calls on Monday.
"We expect H2 to be dominated by corporate and FIG issuance," said a London-based portfolio manager. "People are becoming more comfortable with risk so I expect to see more high yield issuance too. There is a lot of cash in the system right now and technicals are relatively