Celje launches as pricing pressure mounts

A Eu100m loan for Slovenia’s Banka Celje was launched this week, paying 50bp over Euribor, compared to 22.5bp when the bank came to market last November. A flexible attitude towards pricing has so far helped central European bank borrowers do well in syndication, but with the upward pressure on margins increasing by the week, both the lenders and the borrower will be hoping it is enough this time to ensure the deal goes well. Read EuroWeek on Friday to find out more about this transaction and others from the region, such as Nova Ljubljanska banka.