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There is an aggressive hunt for yield by issuance-starved investors in the Gulf
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
The company is expanding outside Turkey, such as into Saudi Arabia
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Karachi, August 2, 2011: JCR-VIS Credit Rating Company Limited has revised the entity ratings of SME Leasing Limited (SLL) to ‘BBB/A-3’ (Triple B/A-Three) with a ‘Negative’ Outlook.
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by Salman Ahmed Shaikh- Project Director, Islamic Economics Project