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The Ukrainian company's January deal performed well on secondary
◆ Deal was priced tighter than the issuer's previous covereds ◆ Banker said spread tightening 'speaks for itself' ◆ Second banker put spread through FV
The sovereign may soon receive a rating upgrade, following an outlook change by Fitch
Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
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A $204m-equivalent trade in Turkcell, the Turkish mobile telephone operator, reopened Turkish equity capital markets on Monday evening, taking advantage of a boost in the country’s currency following the resignation of its finance minister and dismissal of its central bank governor over the weekiend.
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Ukraine is expected to return to international bond markets as concerns mount around the impact the country’s lack of progress with anti-corruption reforms will have on an upcoming IMF disbursement.
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The shock departure this weekend of Turkey’s central bank governor and finance minister has sparked hopes among market watchers that a monetary policy overhaul could be on the cards, as the lira made a modest recovery on Monday. The news follows what has been a tumultuous period for the currency, which this month hit record lows.
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Russia's second largest gold producer Polymetal has raised a green loan.
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The eventual result of Tuesday's US presidential election could have a monumental impact on the position of key emerging markets states like Russia and Turkey in the international arena.
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Ozon, the Russian e-commerce company, has filed its initial paperwork for a US listing that could be squeezed in before the end of the year.