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◆ Oil trumps politics ◆ Kuwait scores late winner ◆ How to save Thames Water harmlessly
Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
Cracks emerge in underlying quality as banks appear to teeter further into cautiousness
Data
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Deal liberates capital and tempts investors to take new frontier market risk -
Deal's concession came to just a few basis points
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The country is one of the most vulnerable in EM to energy price shocks
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Demand allowed the pan-African bank to tighten the yield by 50bp
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Uzbek bank's deal is the first deal from the country in 2026
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The lender started investor meetings late in April
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
