Central and Eastern Europe (CEE)

Turk Eximbank has signed a €544m loan, above its launch amount of €300m, to refinance debt and support its business backing exporters.

Czech investment fund PPF Group has kicked off the syndication of a €3.025bn loan, which was used to fund the acquisition of Norwegian telecoms group Telenor’s central and eastern European operations.

Barclays has made a series of hires in its emerging markets credit business.

Turkiye Is Bankasi (Isbank) recently signaled its intention to issue, while HSBC Canada has registered a covered bond corporate entity.

Russian borrowers seem to have no trouble accessing capital markets, despite sanctions and international condemnation for the Russian government's alleged poisoning of the spy, Sergei Skripal, in the UK. But that shouldn’t surprise anyone. Despite the lip service paid to the idea of responsible investment, most investors are not so choosy.

Turkcell İletişim Hizmetleri, the largest mobile operator in Turkey, has mandated three banks to arrange a 10 year dollar bond.

Akbank has signed a $1.2bn loan to refinance a loan from last year and achieved tighter pricing than on the previous facility.

Turkish participation banks Albaraka Türk and Vakif Katilim have kicked off the global syndication of two murabaha facilities.

Russia's State Transport Leasing Company (STLC) could return to the dollar market bond as early as this week, according to bankers on the deal.

Russian gold miner Nordgold and coal company Siberian Coal Energy Co (Suek) signed syndicated loans in the week leading up to Vladimir Putin’s victory in the Russian general elections.

Three issuers broke the brief new issue hiatus in the CEEMEA market on Thursday, all starting with wide levels to tempt investors into their books.

Globalworth, an AIM-listed real estate investment trust focused on Poland and Romania, released initial price guidance for a euro benchmark seven year bond at 3.375% area, talk that a syndicate official away from the note represented around a 40bp pick up over fair value. The talk was later in the morning updated to 3.125%-3.25% with leads saying the deal will price in range.