All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

GIC prints returns to dollars after seven years

Gulf Investment Corp made a long-awaited return to dollar market on Wednesday with a $500m five year senior bond that was twice subscribed. Finding the right price level in the absence of comparables was a challenge, lead managers told EuroWeek, but they met with good demand from European real money and were able to price at the tight end of guidance.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree