Central and Eastern Europe (CEE)

The Social Democratic Party of Croatia filed a motion in parliament on Thursday to depose the minister of finance, Zdravko Marić, alleging a conflict of interest with decisions related to the defaulting food company Agrokor, Croatia's largest private company.

Turkey’s debt markets always seem resilient to political shocks. But rose tinted views of president Recep Erdogan’s referendum victory this week ignore a worrying truth that its vast growth potential lies more than ever in the hands of one man able to squander it.

Turkey’s Isbank cut through post-referendum uncertainties to raise up to $750m with a seven year senior note on Thursday.

Two Russian borrowers are lining up bonds for next week with Credit Bank of Moscow set to issue its second capital trade of the year, and PhosAgro looking to finance a buyback with a new issue.

Jefferies is building out its CEEMEA trading operations, and eventually plans to add primary markets, derivatives and local currency trading to a revitalised business.

Bank ABC has successfully closed a $213m syndicated loan to Albaraka Türk Bank and launched another two new deals on Wednesday.

Turkey’s Isbank cut through post-referendum uncertainties on Thursday to bring a new senior bond but offered plenty of juice to get things started.

Russian steel and iron ore firm Metalloinvest has agreed terms for a $1.05bn pre-export finance facility (PXF) with a syndicate of banks.

Agrokor’s biggest creditor Sberbank has refused to be part of its additional funding, initially set for up to €150m, not long after it lost control of the restructuring.

Global Yatırım Holdings, the Turkish investment group, has hired Barclays, Citigroup and Goldman Sachs to lead the $250m IPO of Global Ports Holding, the largest operator of cruise ports in the world, on the London Stock Exchange.

Ukrainian poultry producer MHP is lining up the second corporate bond of the year from the country, following a deal from Kernel in January.

Credit Bank of Moscow is going further down the capital structure with its second subordinated trade of the year, and will meet investors for what will be only the second additional tier one trade from Russia.