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Book attrition rates have been higher after August than before the break
OTP plans first Swissie issue from a Hungarian bank for 16 years
International investors take most of the book for the first time as Zabłocki's investment firm says it expects to make no further sales
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Belarus is working to issue its first sovereign Panda bond, GlobalRMB understands.
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Arison Holdings, a vehicle for Shari Arison, the Israeli billionaire, has reopened the EMEA equity blocks market after the weekend with the sale of a 3.7% in Bank Hapoalim, the largest bank in Israel.
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DBS Bank attracted a strong order book for its $1.25bn three year covered bond, the largest ever issued by an Asian bank.
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Europe’s banks continued to lose global significance, according to the Financial Stability Board’s 2018 list of global systemically important banks (G-SIBs), although Groupe BPCE was re-added to the list. The French bank says this will not affect its funding plans.
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Russia’s O1 Properties has implemented another deadline extension on a consent solicitation on its $350m 2021 notes, with analysts reckoning that there still could be further requests for more time.
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Leads on Emirates NBD’s trade are closely watching the market this week for an issuance window for the delayed five year dollar trade, as another Middle Eastern issuer might be testing the market tomorrow.
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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