Central and Eastern Europe (CEE)

Türkiye Halk Bankasi (Halkbank), the Turkish state-owned lender, has confirmed that it plans to issue mortgage-backed covered bonds. It joins seven Turkish lenders that have rated covered bond programmes in place.

Russian potash company Uralkali is due to mandate banks for a $750m pre-export finance facility this week, according to a banker close to the deal.

CVC Capital Partners is speaking to international banks about a new loan to refinance a deal used to acquire Poland’s state railway company’s energy unit PKP Energetyka in 2015.

Turkey's Odeabank revised guidance to 7.75% area for its Basel III-compliant 10 year non-call five tier two bonds on Monday, as investors got to grips with a new credit, and anticipated return of compatriot and peer, Halkbank.

The Moscow Exchange Index Committee this week agreed on changes to the calculation method for the indices that it hosts.

An otherwise quiet week for block trades was interrupted on Thursday night with a large selldown of shares in Norilsk Nickel, the Russian nickel and palladium mining company, by Metalloinvest, the steel maker and miner.

The Eastern European sovereign announced the price guidance for its three year debut Panda bond on July 25, after agreeing on a Rmb3bn ($445m) Panda programme with onshore authorities last week.

Energy utility company EP Infrastructure (EPIF), part of the Energetický a průmyslový (EP) holding group, has refinanced a €1.75bn loan from last year with a €1.95bn facility with 15 banks making it the first Czech Republic corporate loan of 2017.

After selling a green mortgage-backed covered bond to the International Financial Corporation and the European Bank for Reconstruction and Development (EBRD), Garanti Bank expects to sell its first publicly syndicated euro benchmark.

After selling $150m of green residential mortgage-backed covered bonds to the International Financial Corporation, Garanti Bank expects to sell another deal to the European Bank for Reconstruction and Development.

BNP Paribas has hired a senior EM credit trader to join its emerging markets trading desk.

Three more Turkish banks have come to the market to refinance loans from 2016, marking the second wave of refi deals to come out of the region this year.