Middle East Bonds
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Books on the dollar deal opened just hours after Iran attacked the country
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Israeli issuer called its previous tier two early last year
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The investment vehicle, led by BlackRock, will issue more bonds in future
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Book coverage ratios have also risen as sentiment improves in CEEMEA bond market
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Two more follow Darwish and Safa leaving last month
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Peace agreement will be needed to restore normal enthusiasm
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The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
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Books were more than double the deal's size at launch
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A Saudi real estate issuer is planning a sukuk, the sector's first trade since the Iran war began
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Missile alert stunted flow, but pricing still the main barrier
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Pair bring first public non-bank deals from GCC since the start of the Iran War
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Issuers of senior debt are under little pressure to print, and can wait