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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
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Commitment will help Ukraine secure the approval of the IMF's executive for a new $15bn facility
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Despite banking crisis-induced volatility, EM is mostly still in good shape, according to investors
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Ukraine's bondholders won't start new debt talks until 2024
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EM banks issue fewer AT1 bonds than peers from developed markets
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Pipeline of new CEE bonds, including some from FIG issuers, is on ice until Easter
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Turkey has a good green profile versus peers, said one investor, but governance is the big worry