Activity in traditional markets may have slowed as banks weigh up other funding options, but new issuers and new structures are keeping deal-makers on their toes. Tim Burke reports.
Capital Markets
After a quiet 2012, asset managers across the EMEA region are finding reason to be positive. Rod James speaks to firms in emerging Europe, the Middle East and Africa to explore their expectations for the year ahead.
Several large IPOs at the end of 2012 hinted at an ECM upturn. Here's our pick of the past year's best deals.
Asiacell’s IPO boosts Iraq’s markets; Middle Eastern banks eye Egypt.
The African Development Bank’s benchmark bond; Abraaj Capital’s healthcare investment; Ethos’s bumper fundraising.
Roubles, dollars, pounds and now Swiss francs: Russian Railways has journeyed the debt markets to find the best funding opportunities. Pavel Ilichev, its deputy head of corporate finance, takes Tim Burke on the tour.
International investors can finally buy local Russian bonds as easily as they’d wish. That development could offer exciting opportunities for all parties, writes Rod James.
The IMF’s new training centre for finance officials in sub-Saharan Africa is about to open in Port Louis. The fund’s Sharmini Coorey talks to Tim Burke about what she hopes it will achieve.
The EU’s carbon market has been sent tumbling by weak industrial output, a glut of allowances and bursts of political pugilism. But all is not lost, as Rod James reports.
Hungary battles on; privatisations lift Poland; EPH closes a mega Slovakquisition.
When it comes to emerging markets, investors have seen the risk but wanted the reward. Tim Burke asks whether sentiment is about to shift.