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
-
Singapore's central bank has restated its commitment to developing Islamic financial services in the country as it eyes a pipeline of new sukuk this year.
-
International Finance Corporation (IFC), a World Bank development organisation, has purchased $5m equity in Gulf African Bank (GAB) – its first investment in a Sub-Saharan financial institution. The money will be used to help support corporate finance and lending to small and medium enterprises (SME) in East Africa.
-
Omani based Bank Dhofar has hired Sohail Niazi as chief Islamic banking officer of its Islamic finance business "Maisarah" according to local press. He will report to Tony Mahoney, CEO of Bank Dhofar.
-
Saudi petrochemicals firm International Diol Company signed a Sr1bn ($250m) refinancing agreement late last week, which will help it repay loans to local commercial banks, state-owned lenders and fund a planned project to increase the capacity of existing facilities.
-
Sadara Chemical Company has issued SR7.5bn of 16 year floating rate sukuk. The privately offered domestic deal, paying an expected 95bp over the six month Saudi interbank offered rate, was originally for SR5.25bn. However, Sadara increased the size after achieving an order book that was 2.6 times oversubscribed.