Central and Eastern Europe (CEE)
-
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.
-
Shares in Tullow Oil, the UK oil and gas drilling company, fell 16% on Friday morning after it announced plans for a £607m rights issue to strengthen its balance sheet after oil prices have rallied from their slump in 2015.
-
Russia ramped up its renminbi efforts this week with Rusal pricing the first Panda bond from the country. The deal closed on the same day the Central Bank of Russia revealed plans to open a renminbi clearing house ahead of a sovereign bond.
-
Russian corporates continued to prove popular with dollar bond buyers this week as Gazprom returned to the currency after an absence of more than three years and Evraz saw good demand for both legs of its latest liability management exercise.
-
-
-
Poland played a smart hand on Thursday to lock in €1.5bn of funding in the midst of a healthy risk-on market, but with risk events on the horizon, Poland’s deputy finance minister told GlobalCapital he was happy to be on the “safe side”.
-
Lenders flocked to join two Turkish bank refinancing deals this week, with a bump in pricing following political turmoil in the country.
-
CVC this week set pricing on a Z2.7bn ($661m) loan that finances its acquisition of Polish supermarket Żabka Polska. The banks will have their first syndication call on Friday.
-
Poland was quick to grab on to the relief rally that followed Wednesday's US Federal Reserve meeting, jumping into the market with a long 10 year and a tap of its existing €1.5bn 2036s on Thursday morning.
