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
-
Bank of London and the Middle East’s chairman, Yacob Al Muzaini, will retire as independent non-executive chairman from the end of March. His decision came as the bank reported £56m total operating income for 2013 – up from £52.5m in 2012.
-
Oman’s Bank Muscat, plans to expand its Euro Medium Term Note programme from $800m to $2bn as it seeks to issue another Eurobond. It also plans to raise funds through an Or500m ($1.3bn) sukuk programme with the possibility of international sukuk later on said a senior official, at the bank. -
AmIslamic Bank has priced Malaysia’s first ever Basel III compliant sukuk, leading the way for a wave of expected issuance of the asset class.
-
South Africa and Luxembourg have stepped up their plans to issue sukuk as they look to be among the first non-Muslim majority sovereigns to hit the market this year.
-
The Islamic Development Bank has added its weight to the call for western sovereign sukuk issuance, having brought a personal record sized $1.5bn deal at a market record tight print. The deal is a clarion call for the UK and Luxembourg to get on with issuing their own debut sukuk, said bankers, and the IsDB believes they should also go bigger with their plans.
-
Saudi Arabian telecoms firm Mobily has signed two Shariah-compliant financing agreements totalling Sr2.1bn ($533m) with Nordic export credit agencies, to fund the acquisition of equipment from Ericsson and Nokia Siemens Network (NSN).
