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  • Turkish lender Garanti BBVA has lost a director in its funding department.
  • Ignitis Grupe, the state-owned Lithuanian energy and utility company, has filed IPO paperwork in preparation for a listing in Vilinus and London.
  • CEE
    The National Bank of Ukraine’s (NBU) decision to maintain interest rates against pressure to cut them was not enough reassurance for analysts worried about the broader reform agenda in the country. As the saga continues surrounding the ownership of one of its banks rumbles on, a number of obstacles stand in Ukraine’s path to recovery.
  • Indonesian property developer Modernland Realty missed a coupon payment on its dollar bond this week, triggering a further downgrade in its rating.
  • Hong Kong property developer CK Asset Holdings priced its $300m bond at a record tight level for a fixed-for-life deal on Thursday.
  • Investors rewarded Zhenro Properties Group for selling its first green bond this week, pumping orders into the $350m transaction and allowing the issuer to price the deal at its lowest coupon ever.