VTB Capital

Bulgarian Telecommunications (Vivacom) has received the necessary waivers from bondholders to allow its proposed acquisition by a consortium of investors, following a bridge loan default last year that triggered a forced sale of the company.

After a stellar book for Novolipetsk Steel's (NLMK) new issue on Wednesday, trades from Sovcomflot and Evraz on Thursday morning will test the true level of investor appetite for Russian corporate debt.

Russia this week printed its first Eurobond since 2013. But the $1.75bn deal — hobbled by Western banks refusing to lead arrange, Euroclear declining to confirm it would settle the bond and compliance teams halting some fund managers from participating — was not a straightforward issue. Debate rages as to whether the exercise has done the sovereign more harm than good.

Russia has sold its first Eurobond since 2013, drawing a book of over $7bn, according to analysts, but with doubt still high as to what proportion of that figure was from true overseas buyers.

Russia’s $1.75bn sovereign Eurobond showed that the country can raise external financing, but that does not necessarily mean that the deal will be recorded as a political success.

Russia has not updated the guidance it released on Monday for its first bond since 2013, with a debate over whether Euroclear will settle the note deterring some investors.

Russia released on Monday price guidance on its first sovereign Eurobond since 2013, and its first since the US and the EU imposed sanctions on several state-owned companies in 2014.

Koks Group is set to enter the euro commercial paper market in an effort to generate some much needed liquidity.

The IMF has confirmed to GlobalCapital that neither Mozambique’s Standby Credit Facility (SCF) nor the Policy Support Instrument (PSI) have been cancelled, as had been misreported by several news outlets. But bondholders are still calling for clarity over Mozambique's external debt.

One of VTB Capital’s fixed income syndicate team has quit the firm.

Russian container terminal operator Global Ports Investments printed the first Russian debut bond since the Crimea crisis on Monday in a deal that was 3.5 times subscribed.

Russian container terminal operator Global Ports Investments has released guidance for a $350m long five year bond on Monday, offering much more than several other double-B rated credits from the country.