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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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Books were over $2.5bn in the early afternoon
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A fellow Hungarian bank and a Kazakh debutant are preparing dollar bonds
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Most dollar bonds from corporates in CEE have come from Turkey or Russia
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Lithuania paid little to no new issue premium
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The country plans to raise more than it ever has before on overseas markets
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