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  • Russian potash producer Uralkali has signed a $450m five year unsecured loan, bucking the trend of lenders pushing Russian borrowers to add strict pre-export finance documentation or borrow at shorter tenors.
  • Maturities could be the latest area in which Russian borrowers take a hit in the syndicated loan market, as international lenders remain cautious in the face of the potential for further sanctions over the Ukraine crisis.
  • A local fund sold a L642m ($198m) stake in Romanian gas producer Romgaz on Monday night, making it the second deal in quick succession from the country after a dearth of Romanian equity capital markets activity.
  • China Construction Bank (CCB) Asia is out in the market what bankers believe is the first dim sum bond to be issued in Switzerland as the bank deepens its involvement in the renminbi’s burgeoning presence in Europe.
  • Munich Re could potentially shave another 75bp off the price of its cover for US hurricane and Australian cyclone risk next week, after putting out price guidance for the tenth catastrophe bond from its Queen Street platform.
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    Poland’s PZU Group has picked banks for a debut bond deal, following fellow Polish corporate debutants PGE and PKN Orlen into the euro market.