Gabon increased the yield guidance on Eurobonds it plans to sell as part of an exchange of $1 billion of existing debt after initial rates were criticized by Standard Bank Group Ltd. and Jefferies Group Inc. as too low.
Slovenia sold 1.5 billion euros ($2 billion) of bonds in a private placement, skirting scrutiny on the open market before stress tests reveal how much it must pay to bail out the mostly state-owned banking system.
Bulgaria plans to tap international bond markets next year for the first time since 2012 to repay maturing debt, Prime Minister Plamen Oresharski said, pledging to resist protests demanding his resignation.
Serbia plans to sell dollar- denominated bonds for the second time this year, joining peers in emerging Europe by tapping international investors as it seeks to finance a budget deficit and settle debts.
Borrowing costs at billionaire Eduardo Eurnekian’s airport in Buenos Aires are surging by the most in eight months versus Argentine corporate issuers as the nation’s move to seize one of its hangars deepens concern the government wants to extend its control over the industry.
Codelco, Chile’s state-owned copper producer, is poised to narrow BHP Billiton Ltd.’s lead in the bond market even as it prepares the biggest investment plan since dictator Augusto Pinochet created the company in 1976.
Bulgarian Energy Holding will meet investors next week for a possible debut sale of bonds in euros as emerging-market issuers from OAO Gazprombank to Brazil seize on bets the Federal Reserve will delay tapering stimulus.
Richard Segal, director of emerging markets at Knight Libertas Ltd., talks with Bloomberg's Pimm Fox about emerging and European debt markets including Ireland and Argentina. Fox also comments on the day's stock trading.