Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
More articles/Ad
More articles/Ad
More articles
-
Malaysian Airport Holding's AA2 rating from RAM Ratings Services for its prospective debut perpetual deal will help guide the price discovery process if the issuer decides to launch a deal, said a banker on the transaction. Malaysian borrowers have only sold unrated perps in the past. But a large public deal with a strong rating means similarly rated Malaysian corporate debt offers an obvious starting point for pricing, the banker said. -
Singapore based financial advisory firm Fortune Capital Management has teamed up with Singaporean fund manager DCG Capital to launch a Shariah compliant Asia equity fund to meet the growing demand for Islamic equity in Asia.
-
Malaysian property firm Sunway, has received permission from the Securities Commission Malaysia, to set up an MR2bn ($633m) sukuk programme.
-
Albaraka Turk launched a new syndicated murabaha facility on Thursday, and is looking for up to $150m split between euros and dollars. The borrower expects to sign the loan in September, but will be paying more than it did for its one year facility last year thanks to political volatility in the region.
-
National Bank of Abu Dhabi is set to embark on a hiring push as it makes its bid for the top in loans, bonds and sukuk origination.
-
Turkey’s capital markets board has not rejected an application from Bank Asya to sell sukuk despite media claims, an official at the bank told IFIS. But the board will not give its approval until uncertainty over the bank’s ownership is resolved.
