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Most recent/Bond comments/Ad
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Books over $1.5bn at launch at a spread of 80bp over Treasuries
Gulf issuance will take a pause due to the Eid holiday next weekend, but June could be busy
EM investors may be happy to see some senior supply after glut of tightly priced AT1
Strong local bids enable AT1 sukuk issuers to set yields far below where overseas buyers see fair value
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Malaysia’s AmBank Group has appointed Datuk Mohamed Azmi Mahmood as an acting managing director, said the group’s press release on Friday.
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State Bank of Pakistan has approved Karachi based Habib Bank’s (HBL) request to conduct due diligence for its acquisition of First Microfinance Bank (FMB), Pakistan’s oldest microfinance lender.
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Bank Muscat’s shareholders have approved plans for an OR500m ($1.29bn) sukuk programme.
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Saudi Arabia’s Petro Rabigh has signed SR19.38bn ($5.2bn) of loan agreements – including an Islamic finance component – with a mix of international, regional and local lenders.
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First Gulf Bank has decided against updating its Malaysian ringgit wakala programme, due partly to the high cost of issuing sukuk, an official the bank told IFIS.
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Prasarana Malaysia, a government owned operator of bus and rail networks, priced a MR2bn ($540m) multi-tranche murabaha sukuk on Wednesday.