Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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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The Republic of Turkey is set to price a ¥100bn 10 year Samurai at 29bp over yen swaps offer on Wednesday. The deal is backed by the Japan Bank for International Co-operation (JBIC).
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Turk Eximbank has returned to the international market for the first time since 2012 and opened guidance on a new seven year bond on Tuesday.
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South Korea's Hankook Tire has obtained a €120m three year loan arranged by a quartet of Hungarian banks for its plant in Rácalmás, Hungary.
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Synthos SA, a leading manufacturer of chemical raw materials in Central and Eastern Europe, is meeting investors for its debut bond.
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The US unleashed further sanctions against Russia on Friday afternoon, following the EU on Thursday. The rouble was hit as a result and concerns are growing that if the sanctions continue beyond 12 months, corporate growth in Russia may be impacted as new Russian names were added to the US's sanctions list.
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Turk Eximbank has mandated Barclays, Citigroup, JPMorgan, MUFG and Mizuho Securities to arrange a seven year dollar bond. The deal will likely be around $500m, according to an origination official on the deal.