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Recruitments in sales and origination are separate but intended to build debt franchise
General syndication to be launched soon
Deal could include $950m of bonds
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Loan pricing in other parts of EM are creeping higher, but they are falling in the GCC area -
Attractive returns in secondary mean new issues are relying on captive funds from managers for equity
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The invasion of Ukraine showed almost nothing is off the cards in Putin's Russia
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Arbitrage remains ‘horrendous’ despite slight improvement in past week
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Unlike Ukraine's other state-owned issuers, Naftogaz is yet to secure full relief from bondholders
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Industry veteran only joined bank at start of year
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