Central and Eastern Europe (CEE)

Allegro, the Polish e-commerce company, launched its long-awaited Warsaw IPO on Monday. The transaction could be one of the largest of the year, according to sources close to the deal.

Hungary returned to the Samurai market after a two year absence on Friday to sell the first ever sovereign green bond in the market, which formed part of its ¥62.7bn (€500m) four tranche deal, which the sovereign used to extend its debt curve while also introducing a new investor base to the credit.

Ignitis Grupe, the state-owned Lithuanian energy and utility company, has begun marketing its IPO and is hoping that interest from investors concerned with environmental, social and governance [ESG] factors will lead to a higher valuation.

Harald Kröger is set to take charge of Raiffeisen Bank International’s group investment banking division from October 1.

Equity capital markets investors had a chance to buy Russian risk again on Tuesday evening, as Otkritie Bank sold a Rb30.4bn ($400m) stake in gold miner Polymetal.

The Republic of Poland, the first European country to issue a Panda bond in August 2016, has finished the documentation process for its second onshore renminbi offering, GlobalCapital China understands.

Turkish lender Garanti BBVA has lost a director in its funding department.

Ignitis Grupe, the state-owned Lithuanian energy and utility company, has filed IPO paperwork in preparation for a listing in Vilinus and London.

The National Bank of Ukraine’s (NBU) decision to maintain interest rates against pressure to cut them was not enough reassurance for analysts worried about the broader reform agenda in the country. As the saga continues surrounding the ownership of one of its banks rumbles on, a number of obstacles stand in Ukraine’s path to recovery.

Norilsk Nickel, the Russian metal and mining company, was set to issue a benchmark dollar bond on Thursday evening, just months after it was found responsible for a series of major diesel spills.

Equity capital markets investors welcomed the return of Russian deals on Tuesday night as two large shareholders exited Detsky Mir, the children’s retailer. Bankers expect more deals to come and are urging sellers, if possible, to come to market early to avoid running close to the US presidential election in November.

Norilsk Nickel, the Russian metal and mining company which has found itself under heightened scrutiny in recent months after a series of major oil spills, is set to raise a dollar denominated benchmark bond this week. Russian telecom major Veon was also in the market for its second rouble offering in recent months.