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The loan is the largest underwritten by banks in Albania
About 30% of the deal expected to go abroad as other EM discount retailers will serve as comps
Execution impresses as sovereign found itself in sub-par market conditions
More articles
More articles
More articles
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Leads had clear sight of demand before launch and top 20 accounts took most of the deal -
◆ Capped deal starts with spread range fixed from outset ◆ Issuer adds €115m of orders after setting spread ◆ Finding fair value tricky
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It has been nearly three years since last corporate bond debut on the continent
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Demand for Turkish bank bonds trumps dwindling bid for country's corporate issuers, says banker
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Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
