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  • The international distribution arm of the State Oil Company of Azerbaijan (Socar) has signed a $300m loan with 15 lenders despite a recent downgrade.
  • Turkey’s Vakifbank has signed its second refinancing facility of the year for $891m equivalent, with a bigger euro tranche than its previous facility, showing banks' preference for financing in euros over dollars.
  • CEE
    Turkey’s state-owned Ziraat Bank on Monday morning took orders of $1.25bn to print its second senior trade of the year in what bankers said was a notably softer market.
  • CEE
    Credit Bank of Moscow this week revealed plans to buy back chunks of its outstanding Eurobonds as fears of further bail-outs kept Russian subordinated bank paper under pressure.
  • CEE
    CPI Property, a big owner of real estate in central and eastern Europe, took to euros for its first international bond on Wednesday, and in doing so priced the biggest ever real estate bond from the region.
  • The international distribution arm of the State Oil Company of Azerbaijan (Socar) is close to refinancing a $250m facility taken out in October last year while facing down a recent rating downgrade.