Central and Eastern Europe (CEE)

Holders of Croatian retailer Agrokor's Eurobonds will be required to take a haircut on their positions, unless there is a buyout of the struggling firm, said Exotix Partners this week.

Turkey will meet investors in the UAE next week ahead of a potential return to the dollar sukuk market, leads announced on Thursday.

Alfa-Bank emerged with pricing for a three year euro-denominated bond on Thursday morning, in the first deal in the currency from the Russian lender since June 2014.

Akbank closed a loan syndication on Wednesday with eight more banks joining the deal, taking the number involved to 38 and the refinancing to more than $1bn.

Turkey’s Turkiye Sinai Kalkinma Bankasi (TSKB) printed the first ever Basel III compliant sustainable tier two on Tuesday.

Halkbank became the latest Turkish bank to throw its hat into the tier two ring on Wednesday, announcing plans for a three day roadshow in the US and UK.

Gazprom has announced plans for a UK roadshow next week ahead of a potential return to the sterling bond market.

While global equities appear to be tanking, emerging market bonds are once again on fire with inflows supporting propping up what seems a never ending bid, but as ever, idiosyncratic risks are playing a bum note on some deals.

Turkey’s Turkiye Sinai Kalkinma Bankasi (TSKB) made a second pioneering move into the sustainable bond market with the world’s first sustainable tier two bond on Tuesday, following on from a senior green bond last year.

Spearhead International, a central and eastern Europe based agriculture company, has signed its first syndicated loan for €167m.

Credit Bank of Moscow has named leads for a rare Russian Basel III-compliant tier two bond, its first capital issue.

Russia's Eurobonds were given a further boost on Friday as S&P upgraded the outlook the country's BB+ rating to positive from stable on Friday.