Gulf corps line up September debt financing

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By Virginia Furness
24 Aug 2017

Bankers are expecting $5bn-$7bn of supply from Gulf corporates in the second half of this year, as funding officials rush to lock in financing before an expected rate rise by the US Federal Reserve in December.

Non-financial corporates from the Gulf have issued $4.8bn of bonds so far this year, according to Dealogic, and the annual volume is likely to surpass the $9.8bn issued in the whole of 2016 should the predicted amount of bonds come to market. Still, volumes will fall far short ...

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