| Asia | Latin America | Emerging Europe | Western Europe | North America |
Best corporate bond deal
Tengizchevroil
Deal type:10-year Eurobond
Deal size: $1.1 billion
Date: November 2004
Lead managers: ABN Amro, Lehman Brothers
CEE corporate issues performed well again in 2004, despite uncertainty in the middle of the year sparked by fears of US rate rises. Issuance from Russian corporates was particularly strong, with several issues including Norilsk Nickel, Russian Standard Bank and Bank of Moscow all getting coupons near or below the 8% mark.
However, the award goes to Tengizchevroil, the Kazakh onshore oil joint venture between KazMunaiGaz, the state oil company, and Chevron Texaco.
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