EMEA

◆ LCR eligibility attracts accounts ◆ Deal follows extensive roadshow ◆ Issuer plans to close spread gap to peers over time

Moving Beko to independent funding sources freed up space for parent company to borrow domestically

◆ Issuer sells euro bond on FOMC day ◆ Screen pricing ‘makes little sense’ ◆ Other comps helped price discovery

◆ Illiquid secondary levels make determining fair value tricky ◆ No impact from UniCredit-Commerzbank merger rumours

European borrowers sit on deals until they know the fallout from Fed's decision

Eastern European sovereign continues its diversification drive

Orders barely drop from €2.5bn peak

Rump placement was 814% oversubscribed, Almarai shares to be distributed

Issuer was waiting for stock to be in a ‘more appropriate’ place before first follow-on after underwhelming IPO

◆ US election jitters prompt early final trade ◆ Issuer pays 'appropriate' NIP ◆ Possible pre-funding for 2025 via private placements

◆ Eurobank’s senior green debut becomes largest Greek bank bond in recent memory ◆ After peer Piraeus issued biggest capital deal at lowest yield ◆ Deals priced versus swaps on the back of improved investor perception

CTP takes advantage of real estate share surge and dodges Fed rate meeting