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  • Polish broadcaster TVN is taking orders for the second part of its second attempt to refinance its outstanding 2017 bonds.
  • Metals firm Magnitogorsk Iron and Steel Works (MMK) has signed a $500m unsecured loan to become the latest Russian borrower to move into unsecured borrowing.
  • Russian potash firm Uralkali is considering signing loans totalling $1.4bn from domestic banks.
  • One of Russia’s largest metals and mining firms has called on loans bankers to cut the cost of loans even further as Eurobonds are still more attractive to borrowers.
  • SSA
    Few expected Russia to provide the first massive sovereign trade for the CEEMEA region in September and to offer its largest new issue premium for years in order to beat an expected rush of supply. But when it did so on Monday for its $6.96bn Eurobond, the issuer won praise from bankers for showing flexibility and a willingness to adapt to market conditions to hit its target — a marked difference from the usual accusation of throwing its weight about, unhappy to negotiate with investors to find fair pricing for its debt.
  • Ukrainian energy producer DTEK has signed syndicated and bilateral loans totalling $536m.