Goldman Sachs

The Turkish Treasury and Finance Ministry on Nov. 25 said its issuance of a dollar-denominated bond due in 2031 finalized with a nominal amount of $2.25 billion, seeing high demand from international capital markets.

As part of the 2020 external financing program, Goldman Sachs, HSBC and Morgan Stanley were authorized on Nov. 24 to issue the bonds.

With the number of cases of coronavirus spreading in multiple countries around the globe, researchers at the Imperial College in London have made a sobering prediction that the death toll might soar into critically high numbers if social distancing and other mitigation measures fail.

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year).

Goldman Sachs Investment Bank's closed client meeting records have leaked online, Forbes magazine reports. It discussed the impact of the coronavirus on the global economy.

The International Monetary Fund has announced that it is providing $ 50 billion to countries affected by the coronavirus. The organization has warned that the epidemic has already knocked off global economic growth this year from below last year's levels.

This week - most probably on Wednesday - Piraeus Bank will open the book for the issue of its Tier II bond amounting to 500 million euros.

The tug-of-war between buyers and sellers lasted all day at the Greek bourse on Thursday, with the closing auctions seeing buyers edging ahead to secure the benchmark a marginal increase on its third consecutive day of growth, while daily turnover continued to decline.

Greece's Alpha Bank was set to price a 500 million euro Tier 2 bond issue at a yield of 4.25 percent, according to a lead manager.

The Greek lender received around 5.5 billion euros of investor demand for the subordinated bond issue, the lead manager said.

Pricing is expected later on Thursday via lead managers Citi, Goldman Sachs, HSBC, JP Morgan and NatWest Markets. 

Recently upgraded Greece will - barring any major surprises - issue its first ever 15-year bond on Tuesday, with the book set to open early in the morning.

The government is waiting for the price of Hellenic Petroleum shares to rise before approving the launch of the process to sell part of the 35 percent stake it controls in the oil company through the stock market.