Turkey
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Bank is offering the first AT1 from Turkey since January -
The bank has 'picked the right moment', said one investor
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Deal is the second largest syndicated loan for a CEEMEA sovereign in euros this year
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The reaction was so benign that a small bank printed an AT1 this week
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BBVA and ENBD learnt of change when IPTs were put out
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Prices have recovered from spring sell-off
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Pricing did not move from initial pricing until mid-afternoon, despite huge book
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Books over $1.6bn, but investor questions start point
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The Turkish sovereign sold a $2.5bn sukuk on Tuesday, paying no concession
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Sovereign and Garanti are following Turk Eximbank's successful Monday deal
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Markets continue to remain benign, according to one EM syndicate banker
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