Ezdan recovers from 'shambolic' sukuk debut
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Emerging MarketsEM Middle East

Ezdan recovers from 'shambolic' sukuk debut

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Qatari residential property developer Ezdan managed to recover its credibility as a sukuk issuer on Wednesday, printing a $500m 2022 at a reasonable spread, after what one EM syndicate banker referred to as its “shambles” of a debut in May.

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