24 May 2019
Renaissance Capital named #1 for Most Impressive Local Bank for CEE Bonds by GlobalCapital

24 May 2019 Renaissance Capital, a leading emerging and frontier markets investment bank, is proud to announce that it has been named #1 in the category Most Impressive Local Bank for CEE Bonds in 2018 by GlobalCapital (formerly Euroweek).

This is one of the industry’s most prestigious accolades, which emphasizes Renaissance Capital’s outstanding performance in emerging debt markets throughout 2018.

The Firm led some of the most significant and true market deals, including: the US$300mln debut 5-year bond offering for Georgia Capital, LSE-listed holding company, one of the largest corporates in Georgia,  the CHF750mn international bond issue for Gazprom – the largest ever amount borrowed by an emerging markets company from EMEA markets in Swiss francs with the lowest ever coupon for an EMEA company; the EUR750mn international bond issue for Gazprom with the second-lowest coupon in euros ever achieved by a CIS borrower; the first Eurobond deal for a CIS company in 2018 for PhosAgro, one of the world’s leading producers of phosphate-based fertilisers; and the USD500mn international bond issue for Polyus, one of the Top-10 gold producers globally.

Dmitry Gladkov, Acting Global Head of Investment Banking and Global Head of Financing Group, Renaissance Capital, commented: “The GlobalCapital Award is the ultimate accolade in the global capital markets industry, and we are delighted to win. Also, we are particularly happy for Gazprom, which has been named the Most Impressive Russian, CIS and former FSU Issuer on the back of the deal we have worked on in 2018.”

“In 2018, Renaissance Capital arranged 15 bond issues from the CEE region, most of which were landmark and innovative transactions, and raised USD4.5bn in debt financing for clients. Given our expertise and successful track record not only in classic instruments but also in innovative transaction structures, CEE issuers approach us for our view on potential opportunities and solutions to meet their goals.”

“We are proud to have a strong foothold and expertise in Eurobonds and local bonds, as well as liability management. The leadership is evidenced by successful debut international bond offerings for the issuers from the CEE region, including Russia, Belarus, Moldova and Bulgaria. Our unparalleled performance is the result of the concerted efforts of the whole Financing Group, and the award indeed celebrates the work of every team member.”

Renaissance Capital’s unmatched capabilities in emerging and frontier markets and solid track record of transactions in 2018 have been already acknowledged by an assemblage of awards, including the Best Bank in Frontier Markets in 2018 by Global Finance magazine, the Most Innovative Investment Bank for Emerging Markets in 2018 by The Banker magazine's annual 'Investment Banking Awards', as well as Top-3 arranger of Russian international placements and the Top-5 arranger of CIS international placements by Cbonds.