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New facility smaller than the original but 20% larger than the launch amount
Foreign issuers tap market for price and diversification
The new hire will report to Stan Chart's MENA FIG chief
Data
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Renewed confidence in Turkey's economic stability post-election prompts tighter loan pricing, the return of European banks as MLAs
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Buying the bond at a premium to parent RBI is a 'no-brainer', according to a lead manager
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Deals are expected to go well, as investors have requested more of the paper
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Banker on the deal says AT1 oversupply complaints are specific to Turkey
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Some of Turkey's top quality issuers are companies with strong followings but issuance has been sluggish
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One syndicate official off the deal expected at least 50bp of tightening
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