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
-
At $1.5bn, the order book for Turkiye Finans’s $500m sukuk return on Tuesday was not to be sniffed at. But demand didn't reach the dizzy heights of this year’s other dollar sukuk deals, and that is thanks to the market’s last issuer, Damac Real Estate Development.
-
Turkiye Finans priced its $500m five year sukuk inside guidance at 5.375% on Tuesday. But while some market participants felt the early $750m interest received signalled a "sluggish" bookbuild, this grew to $1.5bn despite the tighter price – and demand continued in the secondary market.
-
The Hong Kong government’s upcoming sukuk issuance could set an international benchmark for Islamic bonds and encourage multinational companies to follow suit, according to Rafe Haneef, chief executive officer at HSBC Amanah Malaysia. -
Turkiye Finans will look to issue $500m of five year sukuk on Tuesday, said investors, with pricing for the notes expected to come around 375bp over z-spread by at least one investor.
-
IMG Theme Park has signed a Dh1.2bn ($326m) ijara financing facility with Abu Dhabi Islamic Bank (ADIB) and four other banks based in the United Arab Emirates.
-
DinarStandard a research and advisory firm based in New York, has appointed Rushdi Siddiqui as a senior partner and its head of Islamic economy.
