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Market participants have highlighted drop in Uzbek bond volumes this year
In Europe loans are the key to opening ancillary business while in the Middle East relationships should cap premiums
Uzbek issuance has fallen to near zero after a busy few years
Data
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Estonian lender is setting up an EMTN programme ahead of a first-half print -
The bank’s initial target was $100m
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The country is the only purely sub-investment grade issuer left in the GCC
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The country raised nearly €500m in the Samurai market last week
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Despite flurry over next few weeks, deals not expected to need new money
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OQ’s Base Industries IPO will be a local deal as slump in shares of E&P sister company was a “wake-up call” for international investors
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