Mumtalakat prints after huge tightening
Bahrain Mumtalakat, the country’s sovereign wealth fund, printed its $500m bond on Tuesday at 4.25% having tightened 62.5bp from initial guidance.
“Everyone came into this year wondering if it could be as good as 2019, and for me this deal is the confirmation that the market is just as strong,” said one DCM banker on the deal based into Dubai.“It was a strong order book of $3.5bn, which aided ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org