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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
Data
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The state-owned bank's deal is expected to print next week -
African development finance institution finds loans cheaper at the moment
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This would be the first new bond from a CEE energy company for over a year
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- How borrowers are navigating the US’s debt ceiling stand-off - The rise of Middle East capital markets - Tougher times ahead for European corporate issuers
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Parent's operations in Russia make this a trickier deal than other CEE banks, said one observer
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
