Slovenia
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First trip to the dollar market for nearly a decade -
CEE bank bonds have done well in secondary since the last bout of supply in June
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More pile in for euros following NLB's 'blowout' €500m print
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Senior preferred deal could be priced at 'low to mid 7%' based on recent comps
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Slovenia managed to draw 'substantial' new investors despite running a tender alongside the tap
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The Republic of Slovenia will tender for two bonds this week and is planning a new euro issue alongside the liability management exercise.
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Only the US bank remained on the second attempt at executing Slovenian bank's bond mandate
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NLB failed to hit its target size of €200m-€300m
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A missile landing in Poland on Tuesday has not had any impact on the CEE bond market
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The Slovenian bank expects to draw demand from investors outside of Slovenia
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It had hoped to raise funds off longer dated bonds but investors are too risk-averse
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CEEMEA issuers have increasingly had to rely on the local bid
