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Development bank's credit ratings suffered a blow after Russia's invasion of Ukraine
Books were nearly three times the issue size
◆ Higher rated Austrian lender offers more spread for similar senior preferred bond ◆ Big demand pushes deal inside fair value ◆ BCP still prints its tightest unsecured debt for more than five years
After a record 2024, Turkish corporate issuance slowed last year
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The trade will be below benchmark size
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More than $200m outstanding on bonds that mature later this year
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Spread for Romanian utility's deal set flat to fair value with books over 10 times covered
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Big hitters may have come to market but volumes are down
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Romgaz trades flat to Romania's sovereign
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Sovereign's 12 year note is its first green deal for six years