CEE Equity

Russian bankers are rueing the lack of Russian supply as a block in the New York listed payment services firm, Qiwi became the first Russian equity deal since the Ukrainian turmoil began.

Georgian TBC Bank completed a pioneering IPO on Friday, with bankers reporting that expected investor worries about Central and Eastern Europe mostly failed to materialise.

Central and Eastern Europe's biggest budget airline Wizz Air began bookbuilding on its IPO on Thursday, with a deal that it hopes will allow it to enter the UK's FTSE index.

Romanian electricity distributor Electrica launched the latest deal in Romania’s slow-moving privatisation programme on Friday. It will sell stock in Bucharest and London.

Georgian TBC Bank is set to be valued at up to $765m as it starts bookbuilding on the country's second ever IPO on Monday, after an educational period spent calming investors' worries about the region.

Polish cable firm Multimedia Polska pulled its IPO on Wednesday night, as the pension fund reform that larger deals had swatted off came back to hurt it, alongside a general lack of excitement around the deal.

Polish cable firm Multimedia Polska pulled its IPO on Wednesday night, as the pension fund reform that larger deals had swatted off came back to hurt it, alongside a general lack of excitement around the deal.

Georgian TBC Bank is set to be valued at up to $765m as it starts bookbuilding on the country's second ever IPO on Monday, after an investor education period spent calming investors' worries about the region.

Czech brewer Pivovary Lobkowicz shrunk its Prague IPO on Friday as bankers saw their concerns about low demand come true.

Central and Eastern Europe's biggest budget airline Wizz Air launched an IPO on Thursday, with bankers looking to emphasise the company's growth story over political unrest in the region.

Romanian electricity distributor Electrica is set to launch its €500m-equivalent IPO in the coming weeks, with an international deal that will be the latest sale in the Romanian privatisation programme.

Georgian lender TBC Bank this week shrugged off fears about the crisis in Ukraine spreading, as it launched an IPO that could be a pathfinder for companies looking to move past the volatility in the region and for Georgia’s stalling privatisation plan. The deal could even be helped by trouble in Ukraine and Russia as EM funds look to reallocate cash into safer markets in central and eastern Europe, said bankers close to it.