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More subordinated bonds have come from CEE this week than in all of 2024
Books were more than three times the deal's $1bn size, although orders did leave
Gulf subordinated issuance far outstrips last year's volume
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When markets fall out of bed, the best investment bankers still look like they sleep easy
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South African private equity owner of Virgin Active and New Look gives itself flexibility to wait for right time to exit its portfolio assets in sell-downs and IPOs
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West African development bank has sold two private hybrid bonds and is planning a public deal
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◆ Issuers and investors look for clues after violent price swings ◆ Which borrowers will lead autumn deal spree ◆ How pricing has shifted in primary market
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Volatility this week will not deter market reopening but may impair an already ‘thin and fragile’ IPO pipeline
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Some borrowers may accelerate bond plans, while others may have to hold fire
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