Pre-migration untagged articles

The outlook for Georgian and Ukrainian assets has worsened in the aftermath of the South Ossetia conflict and bankers fear that Ukraine, which postponed its zero-fee sovereign Eurobond in early summer, will face an uphill battle should it wish to revive its plans this year.

The five day war in South Ossetia may have harmed Russia’s popular reputation in the West, but market observers remain confident of the Russian story and, with many anticipating a wave of bond issue supply in late September/October, bankers believe the impact will be limited to investors simply demanding higher risk premiums on Russian bonds. Read more in EuroWeek on Friday.

It's the Olympics, which can only mean one thing--the Credit Investment News top athletes list is here.

The Royal Bank of Scotland hosted a party for its investors at Rye Playland last Monday.

Investors in IAP Worldwide Services convened a bank lenders-only meeting, presumably to try to recover their money after the defense contractor breached its leverage covenant.

-- Eliot Ganz, Loan Syndications and Trading Association general counsel, about modifying the purchase and sale agreement for gaming credits governed by a state gaming board.

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.

Ambac has posted a net profit of $823m for the quarter, but only because of mark to market gains on its credit derivative liabilities.

Dealers of private EMTNs: Non-syndicated deals for less than $250m excluding financial repackaged SPVs, self-led deals and issues with a term of less than 365 days.

National Bank of Greece is preparing to launch the first directly issued covered bond from Greece, after an amendment to the country’s bankruptcy legislation was passed last week that removed an obstacle to the bank’s plans.

EuroCredit MTS is understood to be quietly moving towards removing key minimum standards for covered bonds traded on the inter-dealer platform in a bid to increase liquidity and reinforce its position in the market.

Niche currency issuance proved to be a hot spot in the Eurobond markets this week, with 12 deals in eight different currencies.