• Fund seeks to open Uzbekistan to London investors

    Investors in London are being presented with their first chance to invest in Uzbekistan through a new closed-end fund, Oltin, the first internationally listed security giving investors exposure to the Central Asian republic.

    • 16 Jul 2019
  • Credit Suisse hires Goldman banker to build Saudi offering

    Hazem Shawki is set to join Credit Suisse from Goldman Sachs in order to lead its investment banking operations in the Middle East, Turkey and Africa, with a particular focus on pushing further into the Saudi Arabian market.

    • 16 Jul 2019
  • Investors braced for US sanctions on Turkey over S-400 missiles

    Turkey took delivery from Russia of the first components of its new S-400 missile system on July 12. The US is readying a new bevy of sanctions against the country, but investors say their effect will be limited.

    • 15 Jul 2019
  • Naftogaz hits screens for mixed currency dual tranche

    Naftogaz hit screens on Friday to print three year dollars and five year euros, making it to market a day later than expected.

    • 12 Jul 2019
  • Turkey investors disregard Erdoğan’s central bank meddling

    After one of Turkey’s strongest months in capital markets of the year, this weekend the country’s president shocked investors by firing the governor of Turkey’s central bank. While Turkish assets sold off sharply on Monday, they recovered during the week. But some onlookers are worried that the recovery reflects desperation for yield, not a reduction in risks to Turkey’s economy.

    • 11 Jul 2019
  • Naftogaz pushes euro deal to Friday, considers adding dollars

    Naftogaz had been expected to hit the market for euros on Thursday, but leads said a busy schedule of investor calls led leads to move the deal to Friday and to consider adding a tranche of dollar funding.

    • 11 Jul 2019
  • TSKB closes annual loan as lenders gear up for refi round

    Turkish private sector development bank, Turkiye Sinai Kalkinma Bankasi (TSKB), has closed its annual loan refinancing. The deal was signed amid secondary spreads for Turkish bank paper tightening and as a precursor to the next wave of refinancings for the country's financial institutions.

    • 11 Jul 2019
  • Eurotorg leads sov into roubles

    Eurotorg, the Belarusian food retailer, issued its debut Russian rouble bond last week, paving the way for the Belarusian government to follow suit.

    • 09 Jul 2019
  • Romania scores in busy euro market

    Romania entered a crowded euro bond market on Tuesday, with 12 and 30 year papers. The deals may be among the last euro issues from the emerging markets before the summer lull.

    • 09 Jul 2019
  • Turkish assets battered after Erdogan fires governor

    Turkish president Recep Tayyip Erdogan has fired Turkish central bank governor Murat Cetinkaya. The development has, according to capital market participants, shredded more of Turkey’s credibility and caused last week’s dollar benchmark to slump below re-offer.

    • 08 Jul 2019
  • China policy round-up: MoF, CSRC give SFC access to mainland firms’ audit papers, Chinese premier promises to scrap foreign ownership ahead of schedule, FTZs to enjoy greater policy-setting freedom

    In this round-up, Chinese securities regulators allow their Hong Kong counterpart to access audit papers of Hong Kong-listed mainland companies, Chinese premier Li Keqiang vowed to lift the 51% foreign ownership cap on Chinese financial firms sooner than planned, and free-trade zones (FTZs) receive more autonomy in trying out new policies.

    • 05 Jul 2019
  • Turkey snags $2.25bn thanks to rallying market

    Turkey returned to the market on Tuesday, raising $2.25bn of five year dollar paper with a slim new issue premium. The deal was timed to take advantage of a tremendous rally in Turkish asset prices, but not all investors are convinced.

    • 03 Jul 2019
  • Turkey hits market to capitalise on rally

    Turkey announced a five year dollar Global benchmark on Tuesday, returning to the market for the first time since March and making the most of the rally in Turkish assets.

    • 02 Jul 2019
  • Ukraine Railways mops up yield-hungry investors

    Ukraine Railways has benefited from investors' desperation for yield, with a sharp tightening in pricing from initial price thoughts.

    • 02 Jul 2019
  • Domestic demand drives NLMK block

    Interest from Russian accounts drove a $400m sale in steel company NLMK Group last week, with local demand remaining strong in the country for the right sectors and stocks.

    • 01 Jul 2019
  • Ukrainian Railways lines up Eurobond return

    Ukrainian Railways is returning to the Eurobond market for the first time in six years, hitting screens with a five year $500m global bond.

    • 01 Jul 2019
  • Żabka 'benchmarks off Allegro', launches loan for div recap

    Żabka Polska, an operator of Polish convenience stores, has launched a syndicated loan to fund a dividend recapitalisation, according to bankers. The transaction is following closely in the footsteps of fellow Polish corporate, Allegro, that closed a Z2bn (€470m) dividend recap in May.

    • 01 Jul 2019

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 31,659.17 183 7.67%
2 HSBC 30,565.31 243 7.40%
3 JPMorgan 29,990.43 151 7.26%
4 Standard Chartered Bank 22,344.04 173 5.41%
5 BNP Paribas 16,299.31 89 3.95%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 6,093.75 26 11.31%
2 JPMorgan 5,670.14 25 10.53%
3 Bank of America Merrill Lynch 4,847.42 20 9.00%
4 Santander 4,356.32 21 8.09%
5 Morgan Stanley 4,199.92 14 7.80%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 15,136.09 54 11.53%
2 Citi 14,241.43 52 10.84%
3 Standard Chartered Bank 10,397.33 47 7.92%
4 BNP Paribas 8,219.15 22 6.26%
5 HSBC 8,162.62 41 6.22%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 UniCredit 2,002.25 13 12.71%
2 SG Corporate & Investment Banking 1,851.18 13 11.75%
3 ING 1,381.46 11 8.77%
4 Citi 1,094.36 9 6.95%
5 MUFG 1,085.56 8 6.89%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Standard Chartered Bank 2,373.40 19 16.87%
2 HSBC 1,584.44 16 11.26%
3 Barclays 1,354.17 14 9.63%
4 Citi 1,279.88 16 9.10%
5 JPMorgan 1,274.38 15 9.06%