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Uzbek bank's deal is the first deal from the country in 2026
The lender started investor meetings late in April
Books were more than five times the deal size, which was capped
Data
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Investors need to ask themselves whether they are seeing a turning point or a bear market squeeze
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Some EM credits have enjoyed big spread tightening
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The new offer looks 'exactly like' the Ukraine's and its other state-owned issuers' consent solicitations
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Over 80% of bondholders agree to push out maturities
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A public spat between Ukraine and Naftogaz risks diminishing investor goodwill
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