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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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Turkey’s banks have taken advantage of global liquidity to explore a slew of new funding options. The trend looks set to survive the mid-summer emerging market sell-off. Lucy Fitzgeorge-Parker reports.
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Turkiye Finans has increased the size of a new murabaha facility to around $500m, making it the largest deal completed by a participation bank in Turkey.
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Ural Bank for Reconstruction and Development is planning a tier two dollar deal, and bookrunners on the bond have not ruled out execution despite another surge in volatility following Wednesday’s US Federal Open Market Committee meeting.
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Russian oil company Bashneft is planning a debut Eurobond and has mandated Barclays, Citi and Sberbank to arrange a dollar Reg S/144A deal. The roadshow for the deal started in the US on Wednesday and finishes in London on June 24.
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Slovenska izvozna in razvojna banka (SID Bank) has bought back €299m of its government guaranteed bonds.
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Russian independent financial institution BCS Prime Brokerage has been granted UK regulatory authorisation for its international brokerage business, prompting the firm to begin hiring to its London office.