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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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The country secured a very low new issue concession compared to other CEE deals this year
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DMOs to ask banks 'what have you done for me lately?' but what will that do for the economics of the market?
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The sovereign has nearly €10bn to raise on the public and private markets this year
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CEE bank issuance far outstrips this time last year
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Investors are buying everything put in front of them, said one banker
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Alongside the share sale by Apax, Baltics Classifieds Group will undertake a fresh buyback of stock