This month, Ford Motor Company faced the indignity of seeing its euro-denominated debt out-tightened by Russia’s sovereign debt. It was the latest sign of the rapid rise to respectability of eastern European debt. Many eastern European issuers are now targeting high-grade investors to capitalise on the lack of quality European credit issuance.
Central and eastern European (CEE) debt started attracting high-grade investors last year, when the 10 EU accession countries were made investment gra
The week on Risk.net, July 7-13, 2018Receive this by email