Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
Bond pricing for the mining company started about 43bp back of its parent
Sovereign wealth fund takes $2bn, as aimed at
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Emirates Airlines is planning on landing its UK Export Finance backed sukuk on Wednesday, and has set a pricing range for the groundbreaking deal.
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Arab Petroleum Investments Corporation (Apicorp), the Saudi investment company, has agreed $950m of Shariah compliant syndicated loans with regional and local banks.
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Emirates, the airline, released initial price thoughts on Monday morning for the first sukuk ever to come with a guarantee from the UK’s Export Credit Guarantee Department.
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Oman Telecommunications is the latest of the country’s firms to receive approval for a planned sukuk issue.
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RAM Ratings has assigned a AA3 rating to Kuveyt Türk’s debut ringgit sukuk, and Zorlu Energy has added its name to the list of Turkish corporates considering Islamic bonds. But despite a burgeoning Turkish financial market, debt bankers are not holding out hope of corporate supply kicking off.
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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.