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The Romanian economy is struggling to get out of recession
The syndication is among the Dutch development bank's largest in the region and attracted Middle East lenders
Takeover will increase the Hungarian bank's total assets by around 13%
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Russian state-owned financial institution Gazprombank has signed its $500m three year facility, while privately-owned Promsvyazbank is expected to sign imminently.
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Ukrainian metals firms Ferrexpo and Metinvest have both mandated Deutsche Bank to lead pre-export finance facilities. But Ferrexpo is finding some resistance among lenders after pricing its deal around 40% cheaper than Metinvest. -
Russia's VTB has agreed to sell its entire 10% stake in Rosbank to Société Générale in a deal which will give the French shop 92.4% ownership of the Russian bank.
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FWU Group has closed the first $20m tranche of a $100m sukuk al wakala programme, with an oversubscribed order book.
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This week's funding scorecard focuses on sovereigns in Central and Eastern Europe. Next week's update we will provide funding updates on selected supranational institutions.
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The sukuk market returned to form this week, sweeping US shutdown concerns aside with two popular and tightly priced benchmark dollar deals.
