CEE Bonds
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Renaissance Capital proved Russian debt is still in demand on Monday when it switched holders of its 2016 bond into a new 2021 bond, which also attracted new investors. -
Renaissance Financial Holdings (RenCap) is circulating guidance for a new five year note which is part of the borrower’s ongoing exchange offer.
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Russian container terminal operator Global Ports Investments has released guidance for a $350m long five year bond on Monday, offering much more than several other double-B rated credits from the country.
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Turkey’s Alternatifbank is offering a juicy 10% handle at initial price thoughts stage for the second new style Basel III compliant tier two note from Turkey this year.
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The Brics bank is to finally make its capital markets debut later this month by issuing green bonds in RMB with the proceeds to be channelled into energy and infrastructure projects, sources have told Emerging Markets, a sister publication of GlobalCapital Asia.
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Turkey's Isbank has appointed a new head of international financial institutions to replace Fikret Utku Özdemir who has a new gig in the corporate marketing division.
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Turkiye Vakiflar Bankasi (Vakifbank) is meeting investors for what could be the first ever international mortgage backed covered bond from Turkey.
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A couple of debut issuers from the Middle East and two live debt exchanges are keeping bankers in CEEMEA busy this week and with several roadshows, albeit non-deal ones, in progress, the pipeline looks healthy.
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Telekom Slovenia, a firm downgraded four times in the last five years, has secured a €300m loan to refinance a bond, the move will strengthen its Ba2 rating according to Moody’s.
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Renaissance Financial Holdings is looking to extend its maturity profile with a five year non-call two note via an exchange offer.
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Georgian Oil & Gas Corporation (GOGC) is preparing ground to issue the first Eurobond from Georgia since 2013 and is simultaneously offering to buy back for cash its existing July 2017s.
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Bankers were predicting a return of senior Turkish financial supply after Isbank achieved nearly four times oversubscription for its market reopener on Wednesday.
