CEE Equity

Slovak utility GGE pulled what was set to be the country’s first IPO in nearly 10 years on Monday evening, as emerging markets troubles claimed their first public victim in the equity capital markets.

South Africa's MAS Real Estate, a company which focuses on the UK, Germany and Switzerland, is set to raise around €100m equivalent from a private placement at the end of February that will help it pay for further acquisitions.

If the chaos in emerging markets forces upcoming Russian issuers to postpone their deals, there will be a host of specialists ready to sing the market’s censures. But allowing issuers to test the water would give the market flexibility and avoid a shutdown in activity.

Russian hypermarket chain Lenta launched a $1bn IPO on Monday, with bankers hoping that the firm's appeal as a defensive investment will help it avoid being dragged down by ongoing emerging market deterioration.

Russian hypermarket chain Lenta launched a $1bn IPO on Monday, with bankers hoping that the firm's appeal as a defensive investment will help it avoid being dragged down by ongoing emerging market deterioration.

Bankers this week were betting that the chaos that ripped through the emerging markets will settle over the next month, as they pushed ahead with IPOs for Russian hypermarket chain Lenta with another set to follow, writes Andrew Griffin.

A €470.2m exchangeable bond from ČEZ, the first equity-linked transaction from the Czech Republic, saw a surge of demand from investors hungry for investment grade paper.

A €470.2m exchangeable bond from ČEZ, the first equity-linked transaction from the Czech Republic, saw a surge of demand for investors hungry for investment grade paper.