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EM debt investors had largely expected a debt treatment would be required
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
Underwriting left unused after deal is 33% oversubscribed
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The bank has announced that it is opening new branches, launching value-added banking products and giving away prizes that make banking more exciting than ever before.
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24.06.2012, Jeddah, KSA - The world’s main rating agencies, Standard & Poor's, Fitch Ratings and Moody’s, have all recently reaffirmed their highest issuer rating “AAA” to the IDB’s enlarged US$ 6.5 billion Trust Certificate Issuance “Sukuk” Program and the US$ 800 million issuance in June 2012, thereunder.