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CEE

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  • Turk Eximbank, which sent out invitations for a €300m ($337m) equivalent loan in early June, has extended the deadline for responses, according to a source.
  • CEE
    Russia's State Transport Leasing Company (GTLK) finishes the roadshow for its debut Eurobond early next week, setting it up to become the first new Russian quasi-sovereign issuer for six years, according to a lead manager.
  • Russian and Chinese authorities are working towards the establishment of a renminbi hub in Moscow, at a time when Russian banks are seeing growth in RMB-related business and the central bank has begun investing in the currency.
  • CEE
    Far Eastern Shipping Company (Fesco) kicked off restructuring talks with advisors to its Eurobond holders on Tuesday and aims to complete the process before Christmas.
  • Indian state-owned oil companies Bharat Petroleum Corp, Indian Oil Corp and Oil India have sent out separate requests for proposals for borrowings totalling $1.9bn to finance their acquisition of a stake in an East Siberian oilfield.
  • Slovenian Sovereign Holdings (SSH), which manages Slovenian state assets, has postponed marketing for the IPO of Nova Ljubljanska banka, the country's largest bank, citing market turbulence surrounding the UK’s vote to leave the European Union.