Top section
Top section
Demand well above expectations, given books opened on an FOMC rate decision day
Some price discovery needed due to sukuk format and long tenor
As with other private placements from Africa, observers have questioned the merits of the format
Data
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Private placements can offer advantages to issuers that put in the work and give up the limelight
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Turkish company’s IPO includes primary and secondary shares
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Bankers in loans and bonds expect volumes of both to rise next year
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The country’s retail investor base boomed this year, causing a slight return of foreign money as confidence gradually rose
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It is too early to tell if Turkey’s equity markets are truly healing
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Issuers to bring deals as early as possible in January, whether the sovereign issues or not
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