Middle East Bonds
-
Bahrain has picked banks for investor meetings ahead of a dollar bond deal and starts investor meetings this week. -
After seven days of silence since finishing a roadshow, Gulf Investment Corp (GIC) looks unlikely to proceed with a planned dollar deal, said bankers close to the mandate.
-
A spate of mandates hit CEEMEA this week, with Macedonia and Cameroon joining two Middle East banks in announcing new deals.
-
Member economists of the crowdsourced online tool for assessing sovereign risk, Euromoney Country Risk, believe that Jordan’s prospects have lifted over the past year.
-
The Hashemite Kingdom of Jordan printed its first non-US guaranteed standalone deal from the country for five years on Tuesday, and at a tight price.
-
Multilateral development bank Gulf Investment Corp (GIC) has yet to open books on a dollar bond after finishing a roadshow on Monday. But the delay was not a sign of wider Middle East uncertainty, said the leads on the trade.
-
The Hashemite Kingdom of Jordan has released initial price thoughts of 6.75% area for a new January 2026 bond. The bond is the country's first international deal in five years not to have a US government guarantee, according to Dealogic data.
-
Peter Bakos has joined the debt finance group at Bank Muscat in Dubai to head its cross border business development.
-
National Bank of Oman has mandated five banks for a dollar perpetual additional tier one (AT1) bond and is starting the roadshow for the deal on November 5.
-
The Commercial Bank of Dubai has mandated six banks to arrange a Reg S dollar benchmark bond, and is starting the roadshow for the deal on Thursday.
-
Lebanon has priced a triple-tranche Eurobond, which includes its longest ever dollar deal.
