Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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
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A roadshow this week for a perpetual sukuk from Dubai-based schools operator GEMS Education highlighted the challenges that corporate borrowers can face in coming to the bond market for the first time.
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Gatehouse Bank has hired Natale Giostra as executive vice president and head of real estate finance-a new department at the bank.
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The Islamic Development Bank increased its spending by $5.06bn for the coming year. It is the bank’s largest annual budget ever and a 10% increase from last year.
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Saudi Arabia’s Riyad Bank tapped the sukuk market for the first time this week as it issued SR4bn ($1.1bn).
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Norton Rose Fulbright has hired Robin Balmer as banking of counsel at its Middle East practice in Dubai. The firm said this is a newly created role.
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International Islamic Financial Market has held an industry consultative seminar on sukuk restructuring in Bahrain.