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The new issue premium was slim, thought observers
State-controlled company is seeking further financing after surge in jet fuel prices
Largest of three IPOs in Turkey struggles to get covered, smaller ones multiple times oversubscribed
Data
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At least one CEE sovereign plans to issue in the next few weeks alongside some energy companies -
Recent promotions make the move possible
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Despite Hidroelectrica’s decision to stay local, things may not be as bad as they seem for the exchange
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◆ AI: the cheat code to cheap labour? ◆ Why NY might be about to get it very wrong on sov debt restructuring ◆ A huge green bond debut for Aussie mining state
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Banks have not abandoned Turkish clients despite rising risks, but prices have risen for borrowers
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The bills have the potential to do damage to both New York and sovereigns themselves, say sources, while others urge change
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
