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  • The opening of Suriname’s second large gold mine has played a crucial role in the country’s economic recovery, and offshore oil discoveries in neighbouring Guyana have raised hopes for similar finds in Suriname. With the government apparently conscious of the need to be wise with the windfall, natural resources have the potential to transform the country.
  • The International Swaps and Derivatives Association (ISDA) on Wednesday published a protocol that limits the scope of legacy credit default swaps referencing Venezuelan debt to obligations not restricted by recent US sanctions on the country.
  • Russia’s Renaissance Capital has hired Petr Molchanov as head of investment banking for its home market.
  • CEE
    Romania reopened its 2.375% April 2027s on Tuesday for a further €1bn, pricing the tap 12bp inside the “very attractive” initial price thoughts.
  • Korea Housing and Finance Corporation (KHFC) has mandated lead managers to arrange a roadshow for an Aa1 rated five year dollar covered bond.
  • The National Bank of Ras Al Khaimah Rakbank has closed its debut syndicated loan for $350m with 22 banks.