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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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Emerging markets bank one of just a handful of sizeable deals expected before 2022
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Egypt increases loan facility by half as much again from original target, according to sources
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Mexican multi-brand restaurant operator has mandated banks for investor calls ahead of a potential benchmark deal.
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Public Investment Fund prices the deal at top of the range
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High yield hit worst in emerging market bonds sell-off
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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