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PKO is the fourth Polish bank to debut in the tier two market in the last year
Like another Gulf AT1 last week, this trade may not say much about international interest in the region's issuance
Data
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First trade from a LatAm corporate since the outbreak of war in the Middle East
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The company's curve has massively outperformed the South African sovereign this month
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Six tranche loan attracts record demand
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Like Angola's, yields on Sasol bonds have fallen since the Middle East war began
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◆ Outsiders open EM investors’ wallets ◆ European banks let their hair down in dollar market, still shy in euros ◆ Digital innovation in Frankfurt with DZ Bank
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Issuer ends five year primary market hiatus with five year deal
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