14 February 2020
Renaissance Capital named the Best Debt Bank in Central and Eastern Europe for 2020 in Global Finance magazine’s annual World’s Best Investment Banks survey

Renaissance Capital, a leading emerging and frontier markets investment bank, is proud to announce that it has been named the Best Debt Bank in Central and Eastern Europe for 2020 by Global Finance magazine.

The award jury considered deals completed in 2019 and used a series of criteria, including market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation.

Dmitry Gladkov, Acting Global Head of Investment Banking and Global Head of Financing Group, commented: “We are proud and honoured to be named the Best Debt Bank in Central and Eastern Europe by Global Finance magazine, one of the financial industry’s top publications. Renaissance Capital was in the vanguard of debt capital markets throughout 2019, having completed 26 deals worth more than $6.5bn.”

“We not only execute offerings for our long-established-clients such as STLC in Russia or TBC Bank in Georgia, but also launch capital markets debuts. The most notable inaugural issues included a $300mn high-yield bond offering for TransOil – the first public capital raising out of Moldova; a benchmark $300mn Tier II bond issue for Sovcombank – one of the largest private banks in Russia; and a debut domestic Russian rouble issue for Eurotorg, the largest retailer in Belarus –the first cross-border bond financing for a Belarussian corporate in the Russian domestic market. Also, we placed a debut EUR325mn eurobond issue for DTEK Renewables – a truly pioneering green bond transaction, the first ever green bond out of Ukraine” Dmitry noted.

Renaissance Capital has an established track record of debt capital deals in Central and Eastern Europe and stands out as one of the leading players in the eurobond market. The Firm has one of the largest distribution platforms in CEEMEA and operates a designated bond trading desk with in-depth expertise in fixed-income markets.

Previously, Global Finance magazine named Renaissance Capital the Best Investment Bank in Frontier Markets for 2018.