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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 newly issued $400m sukuk from UAE shopping centre developer Majid Al Futtaim continued to perform well in secondary markets this week, despite having been priced inside guidance on Tuesday.
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DOW JONES ISLAMIC MARKET TITANS 100 INDEX CLOSED UP 4.08% IN JANUARY
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DOW JONES ISLAMIC MARKET TITANS 100 INDEX CLOSED UP 4.08% IN JANUARY
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DOW JONES ISLAMIC MARKET TITANS 100 INDEX CLOSED UP 4.08% IN JANUARY
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Karachi, February 1 , 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Sapphire Textile Mills Limited (STML) at 'A/A-2' (Single A/A-Two). Outlook on the assigned ratings is 'Stable'.