Dubai Investments starts at 300bp over but aggressive tightening expected

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Dubai Investments starts at 300bp over but aggressive tightening expected

Dubai Investments Park gave initial price thoughts of low 300bp over mid-swaps on its $300m five year debut sukuk on Wednesday, but investors are expecting much tighter pricing. Leads tightened guidance to 300bp area and the note was already trading up in the grey market around half a point.

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login
Gift this article