CEE

  • Turkish borrowers plough on in debt markets against persistent instability

    Turkish borrowers plough on in debt markets against persistent instability

    LimakPort, the Turkish international port, entered the debt market on Tuesday, while Turk Eximbank has successfully secured a dollar syndicated loan facility. Turkish issuers are demonstrating resilience, market participants say, amid the heightened levels of domestic and political volatility in the last three months.

  • LimakPort lining up dollar bond as Turkey holds rates steady

    The new governor of Turkey’s central bank, Şahap Kavcıoğlu, kept rates unchanged at his second monetary policy meeting since taking office. Although a rate cut was unlikely, the decision bodes well for next week’s planned dollar bond issue by LimakPort.

  • Turkey holds fire on rates as LimakPort lines up to print

    Turkey holds fire on rates as LimakPort lines up to print

    The new Turkish central bank governor Sahap Kavcioglu kept rates unchanged at his second monetary policy meeting since taking office. Although a rate cut was unlikely, the decision bodes well for Turkish port operator LimakPort's planned dollar bond next week.

  • Investors ‘disappointed’ by Naftogaz CEO dismissal

    Investors ‘disappointed’ by Naftogaz CEO dismissal

    Market participants on Wednesday called the removal of Andriy Kobolyev as CEO of Naftogaz last week “disheartening”. The Ukrainian government’s meddling in the state-run energy company casts doubt on its commitment to IMF-mandated reform of corporate governance and will weaken Naftogaz’s ability to return to the bond market.

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