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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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CEEMEA market enjoyed a monster week of issuance in January's first four trading days
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Ardshinbank will likely offer a similar premium to its sovereign as Uzbek banks
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Eurobond will be the issuer's first for three years
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Demand was near three times the size of the state-owned bank's deal
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Hungary took euros on Wednesday and showed investors have a taste for shorter paper
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Potential for record breaking January