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Private placements are not unknown for CEE sovereigns, but this is the biggest for years
Market participants have highlighted drop in Uzbek bond volumes this year
Uzbek issuance has fallen to near zero after a busy few years
Bookbuilding slower than normal due to the restart of war between the US and Iran
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Europe's investment grade corporate bond market is in shutdown, but the mood is calm among bankers, and most issuers are comfortable biding their time on the sidelines.
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Credit Bank of Moscow has successfully completed its IPO, raising over Rb10bn ($180m). That is considerably more than its Rb6.2bn minimum deal size.
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The Budapest branch of Bank of China was appointed by People's Bank of China as the official RMB clearing bank in the country on June 27, PBoC said in a statement.
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Turkey’s use of the international syndicated loan market has not regained its pre-crisis heights, when companies and banks borrowed over $50bn in 2006 and 2007.
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Cyfrowy Polsat, the Polish television company, has begun meeting banks about a financing package as it seeks to replace some of its loans and bonds.
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Bank Saint Petersburg is offering to repurchase a total of up to $50m of its $100m 10.5% 2017s and $101m 11% 2018s.