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The Romanian economy is struggling to get out of recession
The syndication is among the Dutch development bank's largest in the region and attracted Middle East lenders
Takeover will increase the Hungarian bank's total assets by around 13%
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The debut Islamic facility of International Bank of Azerbaijan (IBA) has been oversubscribed by 20.5%, allowing the borrower to sign the deal at $120.5m.
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The debut Islamic facility of International Bank of Azerbaijan (IBA) has been oversubscribed by 20.5%, allowing the borrower to sign the deal at $120.5m.
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Turkish Islamic bank Al Baraka Turk has launched a $250m one and two year murabaha facility into syndication. The borrower is hoping to attract new lenders to this deal, Al Baraka Turk said on Monday.
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Russian Agricultural Bank (RAB) priced a $750m five year senior bond late on Thursday. The issuer had been waiting since the end of the May for better market conditions, and in the end was rewarded with a larger deal and minimal new issue premium.
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Tinkoff Credit Systems (TCS) will wait for a calmer backdrop before considering a third round of Euro-commercial paper this year, a funding official told EuroWeek, after the issuer navigated choppy conditions to make its second visit to the market earlier this month.
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The private equity owner of a 25% stake in Russian specialist miner, Sibanthracite, will probably now look for a strategic sale after a $158m-$214m IPO failed to attract enough demand by the end of bookbuilding last week.