Central and Eastern Europe (CEE)

Turkish financial institutions Garanti Bankasi and Finansbank are expected to sign their refinancing loans this week, according to bankers looking at the deals.

Poland on Monday raised €300m with a two year private placement, its second such instrument in as many years.

Oleg Tinkov, the Russian billionaire, has sold a stake in TCS Group Holding, the London-listed Russian retail bank he founded, for the first time since its $1bn IPO in 2013, taking advantage of a strong rally in the stock this year.

Russia’s State Transport Leasing Co (GTLK) is planning investor update meetings next Monday.

Eurohold Bulgaria, an insurance focused financial institution operating in central and eastern Europe, on Monday announced plans to meet investors for a euro-denominated Reg S deal — but did not give any indication of size or tenor.

Akbank AG, the Turkish bank’s German subsidiary, has made its comeback to the loan market after a three year absence, for a €173.5m syndicated loan.

Central and eastern European real estate company Nepi raised €500m with its first trade as the newly formed Nepi Rockcastle on Thursday.

Croatia lengthened its euro curve this week with a €1.275bn long 12 year bond, drawing in a book of more than €3bn for the deal.

Gazprom this week sold its first euro denominated bond of the year, a €750m seven year, with a new issue premium that a lead manager has estimated at only 0bp-2bp.

Croatia has tightened price guidance for its long 12 year bond and has an order book of over €3bn for the deal, which could be up to €1.275bn.

Central and eastern European real estate giant Nepi opened books on its first deal as newly formed Nepi Rockcastle on Thursday morning.

Russian retailer Magnit is continuing its capital raising efforts, after its CEO Sergey Galitskiy sold a block of shares on Tuesday night, in the first leg of what is locally called “a top-up” transaction.