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New issue premium was zero, agreed those on and off the deal
Observers wanted 30% of allocations to go overseas, but ENBD fell a little short
Data
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The familiar problem of inter-creditor opacity has also reappeared -
Investment banking travel was a relentless grind, not gold card access to global glamour
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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
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Company in 'no doubt' a public trade would have delivered better pricing
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Another defaulter, Argentina, likely to tap market this year
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Books were nearly three times the issue size
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
