Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Near $1bn attrition from an order book on Tuesday shows buyers have limits
Another Dubai real estate firm priced fresh sukuk well inside its curve
After a very busy period since June began, the pipeline has thinned out
Another Saudi lender is preparing a senior debut
More articles/Ad
More articles/Ad
More articles
-
Emirates NBD announced on Tuesday a new tier one perpetual offering. However, the bond will not be Basel III compliant and therefore will not have a point of non-viability (PONV) feature.
-
The Kingdom of Bahrain was on track to price the first dollar bond from the country this year on Tuesday, having released initial price thoughts for a 30 year bullet bond on Tuesday at low 6%.
-
The Emirate of Sharjah is on track for a tightly priced benchmark deal having drawn over $4bn in orders for its first ever sukuk. Aggressive guidance has eliminated any hope of a premium over fellow emirate Ras Al-Khaimah (RAK), which some buyers had expected. But such was Middle East liquidity that investors would still happily lap up the deal, they said. -
Advanced Petrochemical Co (Advanced) will ask shareholders for approval to sell sukuk, as the company considers its first debt sale ever in the capital markets.
-
Islamic Development Bank (IsDB) has picked lead managers for its next sukuk deal and will finish investor meetings on September 17 — giving the market all the mandates it needs for September to smash the previous record for monthly sukuk sales.
-
Corporate and infrastructure sukuk issuance is set to rise in the years to come after a disappointing dip in 2014, according to Standard & Poor’s analysts. Low cost bank loans and conventional structures have eaten into sukuk sales, but supply should still rise in the years ahead, the rating agency said.
