Central and Eastern Europe (CEE)
-
The Republic of Serbia’s first international bond for six years took advantage of a wave of bond buying, after European Central Bank President Mario Draghi’s comments earlier this week signalled a growing chance of eurozone rate cuts. -
A group of pre-IPO shareholders in Adyen, the Dutch payments company, have sold €311.8m of stock in response to reverse enquiries from investors. The Slovenian government also took advantage of the momentum in the blocks market to sell another 10% of NLB, the country’s largest bank.
-
Turkey’s banks, renowned for their resilience as borrowers to market shocks, risk paying wider margins when they refinance debt later this year, according to some bankers. The dismal outlook follows Moody’s recent downgrade of Turkey’s sovereign debt and 18 of its banks.
-
The Republic of Serbia’s first international bond in six years — a euro 10 year deal — has drawn a healthy book of over €4.5bn.
-
VTB Capital has changed the date of its Russia Calling! conference, highlighting “mounting pressure from clients’ in-laws” as the reason for moving the event so that it doesn't clash with Thanksgiving in the US.
-
The Black Sea Trade and Development Bank (BSTDB) has said it is focusing on selling a three year bond this week.
-
Moody’s took the axe to Turkey’s credit rating after market close on Friday, cutting the sovereign’s rating from Ba3 to B1 in a move that has raised hackles from some international investors.
-
Emmerson eyes $230m project financing - NCC refis amid deal drought - Deufol cuts margins with loan refi - Ires Reit activates acquisition accordion - Ukraine's Kronospan receives EBRD-led loan, but MHP funding remains uncertain
-
-
-
Ukraine set the terms on its €1bn seven year bond on Thursday afternoon, taking advantage of a huge bid for CEE euro sovereign deals this week and a rally in the country’s own debt since president Volodymyr Zelensky was elected at the end of April.
-
A bevy of names from central and east Europe issued bonds this week and more are lining up amid a dramatic mood shift among investors.
