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◆ Deal was priced tighter than the issuer's previous covereds ◆ Banker said spread tightening 'speaks for itself' ◆ Second banker put spread through FV
The sovereign may soon receive a rating upgrade, following an outlook change by Fitch
The familiar problem of inter-creditor opacity has also reappeared
Data
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Economic reform continues despite war, new governance platform is launched -
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Only one Turkish company has offered a higher yield at initial price talk in the past two years
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The clean energy company has hit fair value
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◆ Deal lands close to fair value ◆ Demand holds firm despite 7bp spread move ◆ CEE a 'growing' market for covered bonds
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Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
