On 14th of April, Trans-Oil Group (“the Group”) has successfully returned to the international debt capital markets with a new US$ 400m Eurobond issue due 2026. The transaction is a landmark Eurobond placement in the CEE region in 2021 and the largest offering out of Moldova as the Group continues to be the country’s only issuer post the debut deal in 2019. The new Eurobond issue generated outstanding demand from international institutional investors with a total order book exceeding US$ 1.5bn during the bookbuilding. Broad investor demand diversification was evidenced by active participation of international asset managers and funds across geographies.  Investors from Continental Europe, the US, Switzerland and the UK received 27, 26, 25 and 19 per cent allocation in the final book respectively, with the rest coming out of MENA and Asia. International development financial institutions and long-standing partners of the Group, Black Sea Trade and Development Bank (“BSTDB”) and...