Middle East Bonds
-
National Bank of Kuwait is marketing its first Basel III compliant additional tier one security at high 5% area. This is BNK’s first appearance in the international market since 2002.
-
QNB Finance has sold a rare series of medium term notes in renminbi, capitalising on a favourable dollar basis swap with the Chinese currency.
-
Narjess Aschi has been appointed Citi’s new head of financial institutions corporate banking for the Middle East and North Africa.
-
National Bank of Abu Dhabi tops the international sukuk league table at the end of the first quarter, following the third biggest month ever for issuance, but less than $100m separates the top four banks.
-
The sukuk market may not have long to wait for a follow-up to Emirates Airlines’ unique export credit agency (ECA) backed sukuk, which brought the issuer diversification, demand and pricing that it had never before experienced, according to bankers on the deal. -
National Bank of Abu Dhabi has been left off the mandate to lead Egypt’s return to the capital markets, Global Capital understands.
-
Emirates Airlines took the export credit agency (ECA) sukuk guarantee for a successful test flight this week, delighting bankers hoping to make the product a regular occurrence.
-
National Bank of Egypt has sent out a request for proposals for a Eurobond, according to bankers.
-
Jordanian pharma company Hikma Pharmaceuticals is meeting — the first senior unsecured bond from Jordan since 2010.
-
Emirates Airlines took the export credit agency (ECA) sukuk guarantee for a successful test flight this week, delighting bankers hoping to make the product a regular occurrence. Steven Gilmore reports.
-
Teva Pharmaceuticals priced its largest euro-denominated bond on Tuesday with a dual tranche eight and 12 year which came roughly flat to the dollar equivalent, according to bankers.
-
