CEE

  • Russian firms eye up loans as Covid-19, oil war raise pressure

    Russian firms eye up loans as Covid-19, oil war raise pressure

    Russian commodity and metals companies are rethinking financing plans and talking to bankers about loans amid the drastic change in outlook due to Covid-19 and the oil price war. But bankers say borrowers insistent on pre-coronavirus terms on their deals must lower their expectations.

  • Turkey joins QE club with new programme

    Turkey joins QE club with new programme

    Turkey has joined the list of emerging market countries experimenting with quantitative easing programmes in the wake of the Covid-19 crisis engulfing conventional funding markets.

  • Ukraine beats path to IMF as pandemic hammers EM bonds

    Ukraine beats path to IMF as pandemic hammers EM bonds

    The pace of emerging markets borrowers’ requests for official institution funding, amid the shocking deterioration of their bond markets, is picking up pace. On Sunday, Ukraine's president Volodymyr Zelensky said that he had discussed using International Monetary Fund resources to fight the economic impact of Covid-19.

  • Suek braves volatility to re-enter market

    Suek braves volatility to re-enter market

    Siberian Coal Energy Co (Suek) is seeking financing from lenders, according to two market sources. The borrower is braving lenders' wariness about coal companies, which last year weighed on demand for a Suek loan, and the global volatility caused by the spread of the Covid-19 virus.

  • EM lenders open for business – but only for top credits

    EM lenders open for business – but only for top credits

    As the deadly Covid-19 virus continues to wreak havoc on global markets and supply chains, emerging market lenders are proceeding to discuss financing options with clients, but are only comfortable funding those of the highest quality, according to bankers. Origination processes are becoming more stringent than ever, with some lenders requesting to see borrowers detailed contingency plans.

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