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Demand peaked at six times the deal size, but many orders dropped out
The Ukrainian company's January deal performed well on secondary
◆ Deal was priced tighter than the issuer's previous covereds ◆ Banker said spread tightening 'speaks for itself' ◆ Second banker put spread through FV
Data
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Turkey's economic woes have subdued its IPO market for years
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Balkan sovereign readying multiple tranches after latest CEE deal more than 4.6 times subscribed
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GCC issuance has been limited to FAB and Saudi Arabia but is expected to pick up
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Tangelo, the issuer formerly known as Mexarrend and Docuformas, will not make coupon payment on January 24
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$2bn debut will likely be Israel's only benchmark of 2023 but taps or private deals possible
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Scarce Israeli issuance means that when issuers from the country do come to market, investors pile in
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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