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Emerging MarketsEM Middle East

‘Cusp’ credit Sharjah mandates for dollars but investors show caution

AdobeStock_Sharjah_575x375_13July2020

The Emirate of Sharjah is sounding out investors for a dollar bond syndication, just months after its last issue. Some investors, however, said they were wary that the issuer was on the cusp of becoming a sub-investment grade credit.

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