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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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AirBaltic is debating whether to press go on a €300m dual listing by the end of 2024, as StandardAero jumps on NYSE debut and Etihad eyes next year
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Amid limited supply from central Asia, sovereign could be filling gap in investor pockets left by Russia's absence
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The conglomerate joins a hefty list of Turkish debutants this year
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'Solid' central Asian sovereign mandates first dollar deal since 2015
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Bankers, investors warn of Turkish oversupply, but say EM primary is in an 'amazing' spot
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New enthusiasm for EM deals helps to counter Turkish oversupply worries