-
A debt payment standstill with private creditors expires next summer
-
Unpalatability premium may be an opportunity for other buyers
-
Energy company blamed the government for its default last year
-
The invasion of Ukraine showed almost nothing is off the cards in Putin's Russia
-
Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
-
The Fed is unlikely to revise its plans as oil prices rise due to the cut in production
-
Commitment will help Ukraine secure the approval of the IMF's executive for a new $15bn facility
-
Ukraine's bondholders won't start new debt talks until 2024
-
Bondholders have harshly criticised Naftogaz's conduct during debt relief talks
-
Leads are confident the oil and gas producer's deal will sell, despite the market's increasing ESG focus
-
Ukraine war has turbocharged Europe’s need to invest in renewable energy
-
The war has made investors more wary of emerging markets, even if Russia’s barring from capital markets is an extreme example of the risks they face
-
MDB or national guarantees could help Ukraine issue again
-
- Upheaval in the CEE bond market - Covid aftershocks in the US CMBS market - What Banga means for the World Bank and SSA bonds
-
Sovereigns in the region have lost the pricing benefit of being in Europe, said one investor
-
German armaments company charges into the equity-linked market
-
- Sergiy Nikolaychuk of Ukraine’s central bank offers an in-depth look at the country’s economy in wartime - Can the good times last in the primary bond market? - Real estate looks for refi rehab and direct lenders end up as owners
-
Follows biggest year of social issuance for the development bank, including bonds earmarked to support Ukranian refugees
-
Deal is intended to raise C$500m from retail investors in Canada
-
Investors and bankers also reeling from Fed hawkishness
-
The CDS auction for Russia will be held on September 12
-
GC Asia ViewNews that toxic assets will be tradeable for a time and replacement corporate bonds are on the way could dent attempts to weaken the country’s financial system
-
Lending volumes and bond issuance from Turkey have plummeted this year
-
Meanwhile, auction for Russia CDS date narrowed
-
Borrower may not care whether its offer is successful, said one analyst
-
Process for Ukraine expected to be far easier than for Russia
-
It is not possible to know what Ukraine will be able to offer, but it will not be much
-
Ukraine sovereign comes through consent solicitation as investors also grant two state-owned issuers two years' relief from Eurobond payments
-
The government has blocked Naftogaz from making payments, even though it wants to pay
-
The new offer looks 'exactly like' the Ukraine's and its other state-owned issuers' consent solicitations
-
A public spat between Ukraine and Naftogaz risks diminishing investor goodwill
-
State-owned energy firm will wait for bondholders' response to Ukraine's offer
-
Proceeds from the two notes will fund long-term loans to Ukraine and Moldova
-
As fears over sovereign defaults grow, Naftogaz's failure to pay on a bond is a lesson for investors
-
Two state-owned issuers will offer investors similar terms to the sovereign, unlike Naftogaz
-
The sovereign has so far received little push-back in its debt relief discussions with investors