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In an age of abundant information and opinion, where much of it is wrong, smart investment bankers can still be valuable to clients by embracing the complexity
The subordinated debt premium was smaller than that offered by some other EM hybrid issuers
At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
Data
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Tight theorhetical senior to sub differential expected on $150m deal
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There have been trades after Thanksgiving in each of the last three years, suggesting new bar could be set
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Emerging markets are particularly vulnerable to protests led by disgruntled youth
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SSA issuers extend their hot run in the private market, crowding into the short end of the curve
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The Polish bank secured the most orders for a CEE bank bond this year so far
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The new issue premium was around 5bp area
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